NEW DELHI: The Government on Wednesday said 150 National Highway development projects are facing cost overrun primarily due to delay in land acquisition, the Road Transport and Highways Minister, Mr Kamal Nath, informed the Rajya Sabha today.
The cost overrun were due to rise in prices of construction materials, delay in land acquisition, utility shifting and obtaining clearances from forest/environment, he said during Question Hour.
Poor performance of some contractors and law and order problems in some States were some other reasons. “There are huge cost overrun. These cost overrun are a matter of concern. Government is conscious of this,” he said adding structural efforts are bein g made to reduce cost overrun.
“I cannot say cost overrun will be eliminated but our endeavour is to see our cost estimates stay broadly within limits,” he said.
Admitting that cost estimates made by government agencies for road and highway projects were not accurate, he said “no policy has been made for fixing responsibility for this.” - PTI
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