As many as 458 infra projects hit by cost overrun of Rs 5.71 lakh cr in May

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5 months ago

In May this year, 458 infrastructure projects in India, each with an investment of Rs 150 crore or more, experienced a cost overrun totaling more than Rs 5.71 lakh crore, according to an official report. The Ministry of Statistics and Programme Implementation (MoSPI), which oversees infrastructure projects worth Rs 150 crore and above, highlighted that out of 1,817 monitored projects, 458 faced cost overruns and 831 projects were delayed.

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Economic Times

Topics:

infra projects

cost overrun

investment

MoSPI

Ministry of Statistics

environmental clearance

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