The newly-formed Cabinet Commitment on Investment (CCI), floated by the government to fast-track big-ticket projects, has its task cut out.
Among the 198 mega central sector projects costing over R1,000 crore under implementation, nearly half, or 81, are running behind schedule. These include seven projects being executed by the railways that are delayed by more than a decade, according to the ministry of statistics and programme implementation’s latest project status estimate (updated till the end of July).