{"id":385645,"date":"2020-11-23T11:08:27","date_gmt":"2020-11-23T05:38:27","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=385645"},"modified":"2020-11-23T11:53:14","modified_gmt":"2020-11-23T06:23:14","slug":"437-infrastructure-projects-show-cost-overruns-of-rs-4-37-lakh-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/437-infrastructure-projects-show-cost-overruns-of-rs-4-37-lakh-crore\/","title":{"rendered":"437 infrastructure projects show cost overruns of Rs 4.37 lakh crore"},"content":{"rendered":"<p>NEW DELHI: As many as 437 infrastructure projects, each worth Rs 150 crore or more, have been hit by cost overruns of over Rs 4.37 lakh crore, according to a report. The Ministry of Statistics and Programme Implementation monitors infrastructure projects worth Rs 150 crore and above.<\/p>\n<p>Of the 1,663 such projects, 437 reported cost overruns and 531 time escalation.<\/p>\n<p>&#8220;Total original cost of implementation for the 1,663 projects was Rs 21,09,236.41 crore and their anticipated completion cost is likely to be Rs 25,47,057.52 crore, which reflects overall cost overruns of Rs 4,37,821.11 crore (20.76 per cent of the original cost),&#8221; the ministry&#8217;s latest report for September 2020 said.<\/p>\n<p>The expenditure incurred on these projects till September 2020 stood at Rs 11,61,524.97 crore, which was 45.60 per cent of the anticipated cost.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: As many as 437 infrastructure projects, each worth Rs 150 crore or more, have been hit by cost overruns of over Rs 4.37 lakh crore, according to a report. The Ministry of Statistics and Programme Implementation monitors infrastructure projects worth Rs 150 crore and above. Of the 1,663 such projects, 437 reported cost overruns and 531 time escalation. &#8220;Total original cost of implementation for the 1,663 projects was Rs 21,09,236.41 crore and their anticipated completion cost is likely to be Rs 25,47,057.52 crore, which reflects overall cost overruns of Rs 4,37,821.11 crore (20.76 per cent of the original [&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":[130,193,136],"tags":[],"class_list":["post-385645","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-roads-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/385645","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=385645"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/385645\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=385645"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=385645"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=385645"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}