Lapataganj of dropped govt and private sector projects hits a high

The previous high of projects for which there is no information was in March 2019, an election year

Lapataganj was the story about a small town the system forgot, imagined in the work of Hindi satirist Sharad Joshi. A similar Lapataganj (lost place) of forgotten government and private sector projects grew at its fastest pace in March.

The value of projects dropped – due to no information being available – rose to Rs 4.5 trillion, shows an analysis of data from the Centre for Monitoring Indian Economy. CMIE uses company statements, media reports and contacts promoters and contractors to track projects. When there is no information about a project for quite some time, it is ‘dropped’. The