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As many as 431 infrastructure projects, each entailing an investment of Rs 150 crore or more, were hit by cost overrun of more than Rs 4.82 lakh crore in December 2023, an official report stated. According to the Ministry of Statistics and Programme Implementation (MoSPI), which monitors

The report, which monitors 1,820 projects, unveiled a grim scenario with 23.7 per cent of the monitored projects reporting cost overruns, , infrastructure projects, cost overruns, Ministry of Statistics and Programme Implementation (MoSPI)

A total of 431 infrastructure projects in India, with investments of over Rs 150 crore each, experienced cost overruns of more than Rs 4.82 lakh crore in December 2023, according to a report by the Ministry of Statistics and Programme Implementation. Out of 1,820 projects, 848 were delayed.

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