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401 infra projects show cost overruns of Rs 4.02 trillion: Govt report

As quite a few as 401 infrastructure assignments, every worth Rs one hundred fifty crore or a lot more, have been hit by value overruns of in excess of Rs four.02 trillion owing to delays and other motives, according to a report.

The Ministry of Figures and Programme Implementation screens infrastructure assignments worth Rs one hundred fifty crore and higher than.

Of the 1,692 this sort of assignments, 401 assignments reported value overruns and 552 assignments time escalation.

“Overall unique value of implementation of the 1,692 assignments was Rs twenty,seventy five,212.70 crore and their expected completion value is possible to be Rs 24,seventy eight,016.45 crore, which demonstrates overall value overruns of Rs four,02,803.seventy five crore (19.41 for every cent of unique value),” the ministry’s latest report for January 2020 mentioned.

The expenditure incurred on these assignments until January 2020 is Rs 10,97,604.sixty four crore, which is forty four.29 for every

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