Projects failing to meet deadlines

22/05/2020

As many as 1077 languishing projects financed by the Jammu and Kashmir Infrastructure Development Finance Corporation (JKIDFC) and being executed by various departments were to be completed in all respect by ending March 2020 or in the first week of April 2020. Surprising it may sound, over 1000 languishing projects of different sectors which were financed by the Jammu and Kashmir Infrastructure Development Finance Corporation (JKIDFC) have failed to meet the deadlines due to one after another lockdown imposed to check spread of Novel Coronavirus (COVID-19) in this Union Territory. Because of the prevailing situation even the physical verification of all those projects which were completed before imposition of restrictions on movement could not be carried out by the concerned Government departments. Chairman & Managing Director (CMD) of the Corporation had advised the officials to accelerate the pace of work to meet the committed deadlines of ending March 2020 or first week of April 2020, the Financial Commissioner Finance had even asked the participants to dedicate the completed projects to the people soon after their completion, but all in vein. It was also insisted for providing photographs signifying the physical progress of each ongoing project to the Corporation. Moreover, it was also stressed for the timely payments for achieving maximum progress besides making physical verification of the ongoing projects to correlate it with the commitments made by the departments.
All the projects have failed to meet the deadlines because of situation created by the COVID-19, though work on majority of these projects was nearing completion but imposition of restrictions on the movement of men and machinery in the month of March led to stalling of work. Even physical inspection of the already done work could not be conducted in respect of large number of projects in view of restrictions on the movement of Government officials not connected with the essential services. No doubt situation created by COVID-19 has left adverse impact on all the developmental works-be it mega projects or minor works but completion of languishing projects was of much importance as their fate is hanging in balance during the past many years thereby depriving people of benefit of huge investment made so far. In respect of some developmental works in the light of the instructions issued by the Union Ministry of Home Affairs, the administration of Jammu and Kashmir Union Territory must work out mechanism for restart work on the languishing projects so that there is no further delay in their completion.

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