478 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 478 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 1,768 projects was ₹22,86,955.18 crore and their anticipated completion cost is likely to be ₹27,27,220.47 crore, which reflects overall cost overruns of ₹4,40,265.29 crore," the ministry's latest report said.
