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359 infrastructure projects show cost overrun of Rs 2.05 trillion: Report

The Ministry of Statistics and Programme Implementation monitors infrastructure projects worth Rs 1.5 billion and above

359 infrastructure projects show cost overrun of Rs 2.05 trillion: Report
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Press Trust of India
As many as 359 infrastructure projects, each worth Rs 1.5 billion and above, have shown cost overrun to the tune of Rs 2.05 trillion owing to delays and other reasons, a government report has said.

The Ministry of Statistics and Programme Implementation monitors infrastructure projects worth Rs 1.5 billion and above.

"Total original cost of implementation of the 1,289 projects was Rs 16.05 trillion and their anticipated completion cost is likely to be Rs 18.10 billion, which reflects overall cost overruns of Rs 2.05 trillion (12.8 per cent of original cost)," the ministry's latest flash report for November 2017 has stated.

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