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448 infrastructure projects show cost overruns worth Rs 4.02 trillion

The Ministry of Statistics and Programme Implementation monitors infrastructure projects worth Rs 150 crore and above. Of the 1,739 such projects, 448 reported cost overruns and 539 were delayed. "Total original cost of implementation of the 1,739 projects was Rs 22,18,210.29 crore and their anticipated completion cost is likely to be Rs 26,20,618.44 crore, which reflects overall cost overruns of Rs 4,02,408.15 crore (18.14 per cent of original cost)," the ministrys latest report for January...
Programme Implementation Ministry Of Statistics Infra Prjects Cost Overruns Real Estate ப்ரோக்ராம் செயல்படுத்தல்

448 infra projects show cost overruns worth Rs 4.02 lakh crore

448 infra projects show cost overruns worth Rs 4.02 lakh crore SECTIONS Last Updated: Feb 21, 2021, 11:06 AM IST Share Synopsis The Ministry of Statistics and Programme Implementation monitors infrastructure projects worth Rs 150 crore and above. Of the 1,739 such projects, 448 reported cost overruns and 539 were delayed. Agencies As many as 448 infrastructure projects, each worth Rs 150 crore or more, have been hit by cost overruns totalling more than Rs 4.02 lakh crore, according to a report...
Programme Implementation Ministry Of Statistics Completion Cost Cost Overruns Infrastructure Projects Original Cost

448 infra projects report cost overrun of Rs 4.02 trn; 539 behind schedule

As many as 448 central sector infrastructure projects have reported a cost overrun of over Rs 4.02 lakh crore as of February 21, 2021. The monthly Flash Report by the Ministry of Statistics and Programme Implementation said that 539 projects are running behind schedule. "Total original cost of implementation of the 1,739 projects was Rs 22,18,210.29 crore and their anticipated completion cost is likely to be Rs 26,20,618.44 crore, which reflects overall cost overruns of Rs 4,02,408.15 crore ...
Programme Implementation Ministry Of Statistics Flash Report Reliance Group Reliance Infrastructure Cost Overrun

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ICICI Lombard-Flipkart Partnership: 'Hospicash' Benefit Offer For Consumers

Flipkart has branched out into insurance services for life, health, motor and cyber, through tie-ups. Flipkart, Indias e-commerce marketplace, has partnered with ICICI Lombard to offer Group SafeGuard insurance, a group insurance policy to its consumers. Compared to the standard indemnity health insurance policies, Group SafeGuard is a benefit offering that allows consumers to avail a payout for each day of hospitalisation. The fixed daily amount enables consumers to pay for incidental medical ...
Sanjeev Mantri Ranjith Boyanapalli Union Ministry Of Statistics Payments Group Programme Implementation Ties Up With Flipkart To Offer
Source: ndtv.com

Benchmarks hover near record high levels

Read more about Benchmarks hover near record high levels on Business Standard. Key equity barometers hit fresh record high levels in afternoon trade. At 13:20 IST, the barometer index, the S&P BSE Sensex, soared 561.58 points or 1.09% at 51,105.88. The Nifty 50 index added 142.70 points or 0.94% at 15,306.
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Share Market Live: Sensex above 52,000 for first time, Nifty at 15,280; Airtel, HDFC twins top gainers

Dalal Street today: Quarterly earnings announcements by Jet Airways, Alora Trading Company, Advance Syntex, CDG Petchem, Emmsons International, Eureka Industries, Hawa Engineers, Hindustan Everest Tools will also set the tone for the stock market today.
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Barometers trade in range; breadth remains positive

Read more about Barometers trade in range; breadth remains positive on Business Standard. Benchmark indices traded in a range during early afternoon trade. At 12:20 IST, the barometer index, the S&P BSE Sensex, surged 561.32 points or 1.09% at 51,105.62. The Nifty 50 index soared 145.40 points or 0.96% at 15,308.70.
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