449 infrastructure projects worth ₹150 crore or more had a ₹5.01 lakh crore cost overrun in March 2024, according to MoSPI data.
449 infrastructure projects worth ₹150 crore or more faced a cost overrun of over ₹5.01 lakh crore in March 2024, as per MoSPI data. Out of 1,873 monitored projects, 449 reported cost overruns and 779 were delayed. The total original cost of implementation was ₹26,87,535.69 crore, with an anticipated completion cost of ₹31,88,859.02 crore, resulting in an overall cost overrun of ₹5,01,323.33 crore (18.65% of original cost).
May 12, 2024
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