{"id":308234,"date":"2020-01-02T10:44:10","date_gmt":"2020-01-02T05:14:10","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=308234"},"modified":"2020-01-02T11:02:33","modified_gmt":"2020-01-02T05:32:33","slug":"infra-projects-cost-overrun-crosses-%e2%82%b94-lakh-crore-mark","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/infra-projects-cost-overrun-crosses-%e2%82%b94-lakh-crore-mark\/","title":{"rendered":"Infra projects\u2019 cost overrun crosses \u20b94-lakh crore mark"},"content":{"rendered":"<p>As many as 388 infrastructure projects, each worth \u20b9150 crore or more, have been hit by cost overruns of more than \u20b94-lakh crore owing to delays and other reasons, according to a report.<\/p>\n<p>The Ministry of Statistics and Programme Implementation monitors infrastructure projects worth \u20b9150 crore and above.<\/p>\n<p>Of such 1,636 projects, 388 projects reported cost overruns and 563 projects time escalation.<\/p>\n<p>\u201cTotal original cost of implementation of the 1,636 projects was \u20b919,52,524.85 crore and their anticipated completion cost is likely to be \u20b923,53,108.80 crore, which reflects overall cost overruns of \u20b94,00,583.95 crore (20.52 per cent of original cost),\u201d the Ministry\u2019s latest report for October 2019 said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As many as 388 infrastructure projects, each worth \u20b9150 crore or more, have been hit by cost overruns of more than \u20b94-lakh crore owing to delays and other reasons, according to a report. The Ministry of Statistics and Programme Implementation monitors infrastructure projects worth \u20b9150 crore and above. Of such 1,636 projects, 388 projects reported cost overruns and 563 projects time escalation. \u201cTotal original cost of implementation of the 1,636 projects was \u20b919,52,524.85 crore and their anticipated completion cost is likely to be \u20b923,53,108.80 crore, which reflects overall cost overruns of \u20b94,00,583.95 crore (20.52 per cent of original cost),\u201d the [&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-308234","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/308234","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=308234"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/308234\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=308234"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=308234"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=308234"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}