{"id":391786,"date":"2020-12-28T08:31:40","date_gmt":"2020-12-28T03:01:40","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=391786"},"modified":"2020-12-28T08:51:52","modified_gmt":"2020-12-28T03:21:52","slug":"442-infrastructure-projects-show-cost-overruns-of-rs-4-34-trillion","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/442-infrastructure-projects-show-cost-overruns-of-rs-4-34-trillion\/","title":{"rendered":"442 infrastructure projects show cost overruns of Rs 4.34 trillion"},"content":{"rendered":"<p>As many as 442 infrastructure projects, each worth Rs 150 crore or more, have been hit by cost overruns of over Rs 4.34 lakh crore, according to a report. <\/p>\n<p>The Ministry of Statistics and Programme Implementation monitors infrastructure projects worth Rs 150 crore and above. <\/p>\n<p>Of the 1,671 such projects, 442 reported cost overruns and 536 time escalation. <\/p>\n<p>&#8220;Total original cost of implementation of the 1,671 projects was Rs 21,21,383.82 crore and their anticipated completion cost is likely to be Rs 25,55,957.52 crore, which reflects overall cost overruns of Rs 4,34,573.70 crore (20.49 per cent of original cost),&#8221; the ministry&#8217;s latest report for November 2020 said. <\/p>\n<p>The expenditure incurred on these projects till November 2020 is Rs 11,93,997.81 crore, which is 46.71 per cent of the anticipated cost of the projects.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As many as 442 infrastructure projects, each worth Rs 150 crore or more, have been hit by cost overruns of over Rs 4.34 lakh crore, according to a report. The Ministry of Statistics and Programme Implementation monitors infrastructure projects worth Rs 150 crore and above. Of the 1,671 such projects, 442 reported cost overruns and 536 time escalation. &#8220;Total original cost of implementation of the 1,671 projects was Rs 21,21,383.82 crore and their anticipated completion cost is likely to be Rs 25,55,957.52 crore, which reflects overall cost overruns of Rs 4,34,573.70 crore (20.49 per cent of original cost),&#8221; the ministry&#8217;s [&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":[135,130,168],"tags":[],"class_list":["post-391786","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-roads-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/391786","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=391786"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/391786\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=391786"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=391786"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=391786"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}