Onkar Mehra445 infra projects hit by cost overruns of ₹4.40 lakh crores
According to the report released by the Ministry for Statistics & Programme Implementations (MoSPI), there are 445 infrastructure projects, each worth ₹150 crores and above, that have been hit by the cost overruns of ₹4.40 lakh crores.
"Total original cost of implementation of the 1,673 projects was Rs 22,23,791.78 crore and their anticipated completion cost is likely to be Rs 26,64,649.18 crore, which reflects overall cost overruns of Rs 4,40,857.40 crore," the ministry's latest report said.
