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Prasad, K. V.
- Delays in Construction Projects-A perspective on Cash flow and Working Capital Management
Authors
1 SMBS, VIT University, Chennai, IN
2 Gammon India Limited, Mumbai, IN
3 NICMAR, Hyderabad, IN
Source
International Journal of Technology, Vol 5, No 2 (2015), Pagination: 269-273Abstract
India is a country with enormous requirements of infrastructure development and up-gradation. The development of the country depends on building sustainable infrastructure with a challenge of getting it done real fast to catch up with the huge and rising demand. The role of the construction industry in the economic growth of a country is enormous and immeasurable. The challenge of providing needed quality infrastructure is in the hands of construction Industry. However in our country, almost all construction projects, suffer major delays and cost overruns. In some cases get terminated midcourse and do not get completed at all. Out of the total 766 central projects of value Rs 150 crore and more, 237 projects are delayed (~30.94%), while the cost of these projects have gone up from 10,68,206.97 crore to 12,73,650.02 crore (~19.20%)1.
The reasons for the delays and cost overruns on these projects are plenty. Delay in land acquisition, right of access, delayed financial clearances, delayed / in adequate designs, scope creep, incorrect estimates, etc. to name a few.
In a well-planned project, meticulous and thought of cash flow management and smooth project execution, has to go on hand in hand. Delays in construction projects as above can jeopardize the cash flow plan and disturb the working capital cycle ultimately turn a healthy, cash positive project into a cash negative sick project. This paper illustrates the impact of delays on net cash flow of projects also explains the importance of cash flow monitoring indicators, various cash flow mitigation strategies to overcome these problems.
Keywords
Construction, Project Delays, Cash Flow, Working Capital, Prediction, Mitigation.
- Blossom Midge Contarinia maculipennis Felt Infesting Tuberose (Agave amica) Flowers in India
Authors
1 ICAR-Directorate of Floricultural Research, Pune 411 036, IN
2 ICAR-Central Potato Research Institute, Shimla 171 001, IN
3 ICAR-Directorate of Floricultural Research, Regional Station, Kadiyam 533 126, IN
4 Floricultural Research Station, AICRP on Floriculture, Sri Konda Laxman Telangana State Horticultural University, Hyderabad 500 030, IN
5 ICAR-Central Tobacco Research Institute, Research Station, Hunsur 571 105, IN
6 Zoological Survey of India, Western Regional Centre, Pune 411 044, IN
7 Indian Institute of Science, Education and Research, Pune 411 008, IN
Source
Current Science, Vol 126, No 2 (2024), Pagination: 263-270Abstract
Tuberose (Agave amica (Medikus) Thiede and Govaerts) is a hardy and economically important flower crop in India. Tuberose growers have been facing severe loss in flower yield due to the large-scale deformities and rotting of buds caused by midge fly attacks. Morphology and DNA barcoding have confirmed the identity of this midge species as Contarinia maculipennis Felt (Diptera: Cecidomyiidae). Maggot feeding causes deformation and rotting of the infested buds and imparts an ugly appearance to the tuberose florets. Midge fly infestation ranged from 5.67% to 88% from July to September 2022 in different tuberose-growing areas of Maharashtra, Telangana and Andhra Pradesh in India. The bioecology of this midge species and the nature of damage to tuberose were studied to develop eco-friendly management methods. This study offers novel insights into the nature and extent of midge damage to tuberose and how midge symptoms differ from tuberose melody symptoms caused by the foliar nematode.Keywords
Bioecology, blossom midge, DNA barcoding, midge fly, morphology, tuberose budsFull Text
