The expenses incurred on the said projects till July 2021 stood at Rs 13,22,515.87 crore, or 48.5% of their anticipated costs, according to a report by the Ministry of Statistics and Programme Implementation
The Ministry of Statistics and Programme Implementation monitors infrastructure projects worth Rs 150 crore and above. Of the 1,768 such projects, 478 reported cost overruns and 525 were delayed. Total original cost of implementation of the 1,768 projects was Rs 22,86,955.18 crore and their anticipated completion cost is likely to be Rs 27,27,220.47 crore, which reflects overall cost overruns of Rs 4,40,265.29 crore (19.25 per cent of original cost), the ministry s latest report for May 2021 said. According to the report, the expenditure incurred on these projects till May 2021 is Rs 13,30,533.53 crore, which is 48.79 per cent of the anticipated cost of the projects. However, the report said that the number of delayed projects decreases to 387 if delay is calculated on the basis of the latest schedule of completion.
The Ministry of Statistics and Programme Implementation monitors infrastructure projects worth Rs 150 crore and above. Of the 1,768 such projects, 478 reported cost overruns and 525 were delayed
To improve the performance of our website, show the most relevant news products and targeted advertising, we collect technical impersonal information about you, including through the tools of our partners. You can find a detailed description of how we use your data in our Privacy Policy. For a detailed description of the technologies, please see the Cookie and Automatic Logging Policy.
By clicking on the Accept & Close button, you provide your explicit consent to the processing of your data to achieve the above goal.
You can withdraw your consent using the method specified in the Privacy Policy.
Accept & Close
Sputnik International