393 infra projects show cost overruns of Rs 4.64 lakh cr in June
Over 390 infrastructure projects with an investment of more than Rs 150 crore each have faced cost overruns totaling Rs 4.64 lakh crore in June 2023, according to a report by the Ministry of Statistics and Programme Implementation. Reasons for time overruns as reported by various project implementing agencies include delay in land acquisition, delay in obtaining forest and environment clearances, and lack of infrastructure support and linkages.
Source: indiatimes.com