{"id":283624,"date":"2019-07-22T05:45:58","date_gmt":"2019-07-22T05:45:58","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=283624"},"modified":"2019-07-22T05:58:08","modified_gmt":"2019-07-22T05:58:08","slug":"345-infrastructure-projects-show-cost-overruns-of-rs-3-28-lakh-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/345-infrastructure-projects-show-cost-overruns-of-rs-3-28-lakh-crore\/","title":{"rendered":"345 infrastructure projects show cost overruns of Rs 3.28 lakh crore"},"content":{"rendered":"<p>As many as 345 infrastructure projects, each worth Rs 150 crore or more, have shown cost overruns to the tune of over Rs 3.28 lakh crore owing to delays and other reasons, a report said.<\/p>\n<p>\u201cTotal original cost of implementation of the 1453 projects was Rs 18,32,579.17 crore and their anticipated completion cost is likely to be Rs 21,61,313.18 crore, which reflects overall cost overruns of Rs 3,28,734.01 crore (17.94% of original cost), \u201d the Ministry of Statistics and Programme Implementation\u2019s latest report for April 2019 said.<\/p>\n<p>The ministry monitors infrastructure projects worth Rs 150 crore and above. Of these 1,453 projects, 345 reported cost overruns and 388 time escalation.<\/p>\n<p>According to the report, the expenditure incurred on these projects till April 2019 is Rs 8,84,906.88 crore, which is 40.94 per cent of the anticipated cost of the projects.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As many as 345 infrastructure projects, each worth Rs 150 crore or more, have shown cost overruns to the tune of over Rs 3.28 lakh crore owing to delays and other reasons, a report said. \u201cTotal original cost of implementation of the 1453 projects was Rs 18,32,579.17 crore and their anticipated completion cost is likely to be Rs 21,61,313.18 crore, which reflects overall cost overruns of Rs 3,28,734.01 crore (17.94% of original cost), \u201d the Ministry of Statistics and Programme Implementation\u2019s latest report for April 2019 said. The ministry monitors infrastructure projects worth Rs 150 crore and above. Of these [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-283624","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/283624","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=283624"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/283624\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=283624"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=283624"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=283624"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}