Mega projects in India Environmental and Land Acquisition Issues in the Road Sector

G. Raghuram,Samantha Bastian,Satyam Shivam Sundaram

No 2009-03-07, IIMA Working Papers from Indian Institute of Management Ahmedabad, Research and Publication Department

Abstract: Mega projects (primarily infrastructure) receive a sizable investment (~10%) of the gross fixed capital formation in India. Environmental clearances and land acquisitions have been the two major reasons for delays in the projects. However, there has been a steady increase in the proportion of projects running on schedule and a sharp decline in the proportion of projects with cost overruns. These accomplishments have been achieved due to better financing, project management, and reform in the regulatory frameworks related to environmental and land acquisition aspects.

New Economics Papers: this item is included in nep-agr, nep-cwa, nep-env and nep-ppm
Date: 2009-03-16

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