Business Today

The Road Ahead

Restarting infrastructure will be among the big challenges for the new government.

It was a historic event on Christmas day last year when Prime Minister Narendra Modi inaugurated the Bogibeel bridge in Assam. The 4.9 km bridge over the mighty Brahmaputra is the second longest rail cum road bridge in Asia. It reduces travel time between Tinsukia in Assam to Naharlagun in Arunachal Pradesh by more than 10 hours, while shaving off three hours of train travel time between Dibrugarh and Delhi. It reduces the distance between Rupai (Assam) to Roing (Arunachal Pradesh) by 165 km, a daily fuel saving of Rs 10 lakh. The cascading economic benefit to the region is even greater.

At the same time, it also highlights the trials and tribulations that large projects face in India. Part of the Assam Accord of 1985, Bogibeel was sanctioned in 1997/98, but construction began only in April 2002. Multiple missed deadlines resulted in project cost rising 85 per cent to Rs 5,900 crore.

Delays and cost escalations have become the norm in

You’re reading a preview, subscribe to read more.

More from Business Today

Business Today4 min read
Transforming Spaces
Dinner by the lakeside, or sleep in a royal tent, or how about serene calm nature, or maybe a memory wall… or my favourite, tiny lobsters? What are we talking about? Wallpapers—which over the past few years have entered into a new realm of home desig
Business Today7 min read
Alpha Tale
THE WEALTHY INVESTOR in India has never had it so good. For that, they must thank the robustness and resilience of the country’s financial markets. And their money managers. While not a single portfolio manager catering to the affluent class in India
Business Today2 min readSecurity
Troubleshooting
INDIA IS SEEING A RISE IN CYBERCRIMES AND THE GOVERNMENT IS FOCUSSED ON FIGHTING THIS THREAT. THERE HAS BEEN A SUBSTANTIAL INCREASE IN FUNDING FOR CYBERSECURITY IN THE INTERIM BUDGET 2024, WITH THE FIGURE TOUCHING ₹999 CRORE—NEARLY FIVE TIMES THE BUD

Related