Infra projects’ cost overrun crosses Rs 4-lakh crore mark
New Delhi: As many as 388 infrastructure projects, each worth Rs 150 crore or more, have been hit by cost overruns of more than Rs 4 lakh crore owing to delays and other reasons, according to a report.
The Ministry of Statistics and Programme Implementation monitors infrastructure projects worth Rs 150 crore and above.
Of such 1,636 projects, 388 projects reported cost overruns and 563 projects time escalation.
