{"id":406147,"date":"2021-03-22T09:54:52","date_gmt":"2021-03-22T04:24:52","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=406147"},"modified":"2021-03-22T10:26:51","modified_gmt":"2021-03-22T04:56:51","slug":"449-infrastructure-projects-show-cost-overruns-worth-rs-4-29-lakh-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/449-infrastructure-projects-show-cost-overruns-worth-rs-4-29-lakh-crore\/","title":{"rendered":"449 infrastructure projects show cost overruns worth Rs 4.29 lakh crore"},"content":{"rendered":"<p>As many as 449 infrastructure projects, each worth Rs 150 crore or more, have been hit by cost overruns totalling more than Rs 4.29 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 1,736 such projects, 449 reported cost overruns and 547 were delayed.<\/p>\n<p>&#8220;Total original cost of implementation of the 1,736 projects was Rs 22,32,019.72 crore and their anticipated completion cost is likely to be Rs 26,61,205.74 crore,&#8221; the ministry&#8217;s latest report for February 2021 said.<\/p>\n<p>According to the report, the cost overrun for completing these 449 projects works out to be Rs 4,29,186.02 crore.<\/p>\n<p>The expenditure incurred on these projects till February 2021 is Rs 12,78,270.71 crore, which is 48.03 per cent of the anticipated cost of the projects.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As many as 449 infrastructure projects, each worth Rs 150 crore or more, have been hit by cost overruns totalling more than Rs 4.29 lakh crore, according to a report. The Ministry of Statistics and Programme Implementation monitors infrastructure projects worth Rs 150 crore and above. Of the 1,736 such projects, 449 reported cost overruns and 547 were delayed. &#8220;Total original cost of implementation of the 1,736 projects was Rs 22,32,019.72 crore and their anticipated completion cost is likely to be Rs 26,61,205.74 crore,&#8221; the ministry&#8217;s latest report for February 2021 said. According to the report, the cost overrun for [&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-406147","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\/406147","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=406147"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/406147\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=406147"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=406147"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=406147"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}