It is important to demystify the conundrum of
construction disputes, so that India can accelerate its
infrastructure growth and wasteful disputes are
avoided.
Infrastructure projects in India are hamstrung with schedule
delays and, therefore, cost overruns. As per flash report released
by Ministry of Statistics in August 2014, as many as 295
infrastructure sector projects worth Rs 150 crore or more were
delayed with total cost overrun of over Rs 1 lakh crore. Concerns
including land acquisition, timely approvals and shortage of
resources, including infrastructure, are the primary bottlenecks
faced by the project stakeholders and have been well-documented.
However, other significant causes for these delays are change of
project's scope, shortage of manpower and technical resources,
lack of planning and finance management, to name a few. Delays (and
even rampant delays) are clear and present risks for infrastructure
projects in India.
