Railways tops the list among infrastructure projects that missed the deadline, causing huge cost overruns to the exchequer. Among the 134 rail projects monitored by the government, 101 were facing delays leading to cost overrun to the tune of Rs 56,609.3 crore, an increase of 153.5%.  There are 26 projects running behind schedule - ranging from two to 213 months - leading to the rise in cost by Rs 20,575 crore....

-India Today   Rural Development Minister Jairam Ramesh's pet land acquisition, rehabilitation and resettlement Bill, 2011 has run into major roadblocks in the parliamentary standing committee. Various stakeholders, including farmers' organisations, NGOs and legal experts contend that in its present form, the Bill is an empty shell that exempts 90 per cent major development projects - highways, nuclear plants, mines, SEZs et al-in the name of which, land is being acquired across...

State oil firms are under the scanner of the Comptroller & Auditor General of India for supplying diesel at a discount to defense establishments and Indian Railways and claim compensation on the revenue loss from upstream companies and the government. Executives in state-run Indian Oil Corp, Hindustan Petroleum and Bharat Petroleum have accepted that they offer small discounts to these customers and denied recovering any part of the amount from the...

-IANS   After fabricating Jugnu, the country's tiniest satellite launched last month, Indian Institute of Technology-Kanpur graduates have now come up with a matchbox-sized device to monitor wear and tear of railway tracks and prevent derailment.  The new device is aimed at replacing a bulky, box-like contraption that is currently used by Indian Railways.  "Our device is a supplementary system for monitoring track health, making it simpler to integrate with the existing railway infrastructure,"...

Omar appeasing radical political elements in the State, says Bhan Amid reports of the Defence Ministry's opposition to the withdrawal of the Armed Forces (Special Powers) Act (AFSPA) from certain areas in Jammu and Kashmir, the Congress, the main ally of the Omar Abdullah-led coalition government in the State, also voiced its reservations. The party also repeated its demand for rotational Chief Ministership after completion of three years of the present...