Govt Contractors Threaten Work Stoppage Over ₹1 Lakh Cr Dues Payments Defaulted Post Ladki Bahin Scheme Launch, Says Contractors Association
Govt Contractors Threaten to Halt Work Over ₹1 Lakh Cr Dues
In a striking turn of events, the Maharashtra State Contractors Association has raised alarms, threatening to cease all ongoing projects due to outstanding dues amounting to a staggering ₹1 lakh crore. This financial shortfall has become a pressing issue for contractors, particularly after government departments began defaulting on payments following the launch of the ambitious Ladki Bahin scheme in July 2024.
The Ladki Bahin Scheme: A Double-Edged Sword?
Launched with the noble intent of empowering women and ensuring their welfare, the Ladki Bahin scheme has inadvertently cast a shadow on the timely execution of government projects. Contractors argue that the financial resources, once allocated for infrastructure and development projects, have been diverted to support this initiative, leaving them in dire straits.
Impact on Development Projects
As a result of these payment delays, numerous projects across Maharashtra are at risk of stagnation. The construction industry, which plays a vital role in the state’s economy, is now facing a potential slowdown. Contractors have expressed their frustration, indicating that the failure to receive payments could lead to job losses and a slowdown in development.
What’s Next?
The Maharashtra State Contractors Association is urging the government to address this pressing issue promptly. They are advocating for a structured payment plan to ensure that contractors receive their dues in a timely manner, thus allowing them to continue their vital work in infrastructure development.
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