As many as 388 infra projects show cost overruns of Rs 4.65

As many as 388 infra projects show cost overruns of Rs 4.65 lakh crore in July: MoSPI

Around 388 infrastructure projects in India, each requiring an investment of Rs 150 crore or more, have suffered cost overruns amounting to more than Rs 4.65 lakh crore, according to the Ministry of Statistics and Programme Implementation. Reasons such as delay in land acquisition, delay in obtaining forest and environment clearances, and lack of infrastructure support and linkages have been cited in the report for overruns in projects.

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