Govt kicked off over 600 infra projects in 4 years: Care Ratings


Govt kicked off over 600 infra projects in 4 years: Care Ratings

India’s infrastructural landscape is changing quickly. Over the last four years, the Narendra Modi-led government has focused heavily on infrastructural development, with the total number of projects rising 87 percent. At present, 1,361 projects are being implemented in the country.

According to a report released by Care Ratings, about 727 projects were being implemented in April 2014. This number jumped by 87.2 percent by August 2018 to well over 1,300. Interestingly, the roads sector has the highest number of projects under implementation at 543 (39.87 percent), followed by railways at 350 (25.71 percent) and power at 110 (8.08 percent).

“The projects under implementation have been broadly divided across 16 sectors. Five sectors (roads, railways, power, coal and petroleum) accounted for almost 84 percent of the total projects by value,” the rating agency said in its report. Read More

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