Download Company Profile

Cost Escalation on Infrastructure Projects in India

Posted by : Achintya Mandal in Case Studies

Designation : General Manager (PMC - Project Coordination)

Cost Escalation on Infrastructure Projects in India Introduction India is aiming to become a $5 trillion economy by the year 2024 and one of the key sectors which act as a stimulus for this growth is the infrastructure sector. Therefore, India plans to spend $1.4 trillion during the period 2019-2023 to achieve the $5-trillion economy goal. The project implementation status report of central sector projects prepared by Infrastructure and Project Monitoring Division, Ministry of Statistics and Programme Implementation, Government of India during the 1st quarter of 2021-2022 (April-June) shows that central sector projects costing INR 150 crore & above has incurred approx. 20% cost overrun in their approved project cost. This is a significant finding and if this trend continues in the coming years as well, it will result in fiscal losses and will certainly derail India's goal of becoming a $5 trillion economy by 2024. This case study tries to[...]

Learning from Disasters: A Case Study on the Uttarakhand Floods of 2021

Posted by : Subhash KK in Case Studies

Designation : Design Engineer

A Case Study on The 2021 Uttarakhand Floods Mother Earth needs help. But are we listening to her? Or are we ignoring her, as we have done for years, decades, centuries and millennia? Over the years, anthropogenic activities such as the burning of fossil fuels, fertilizer production, planting N-fixing crops, and wastewater disposal have increased pollution levels to drastic and life-threatening levels. Such activities contribute to climate change by causing the deterioration of natural systems and polluting soil, water, and air – making them a huge threat to the environment, and to global socio-economic stability. Although we can’t completely eliminate these activities, we can reduce the pace of degradation and restore our Mother Earth – but only if we act now. To encourage countries all over the world to adopt such an approach, the United Nations has declared 2021-2030 as the UN Decade on Ecosystem Restoration. The International Union for Conservation[...]