Explain how the delay in implementation of over 58,000 projects is affecting governance in India
Provide a detailed explanation of how the delays by State governments of over 58,00 projects are directly impacting governance in India
- Wastage of resources: The longer the delay, the more resources are required for the completion of a project, leading to wastage of public funds.
- Delay in economic growth: The delayed projects affect economic growth as they are crucial for developing infrastructure and industries, which ultimately contribute to the growth of the economy.
- Decreasing public trust: The delay creates distrust among the public towards the government's ability to deliver on promised services, leading to a decrease in the credibility of the government.
- Increase in project costs: Delayed projects have to bear the burden of the increased costs of raw materials, labour, and other factors, increasing the project's overall costs.
- Impact on employment: Delayed projects impact employment opportunities as their delay leads to a slow down in job creation.
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a year ago