364 infra projects show cost overruns of ₹4.52-lakh crore.

As many as 364 infrastructure projects, each entailing an investment of Rs. 150 crore or more, have been hit by cost overruns of more than Rs. 4.52 lakh crore, as per an official report.
According to the Ministry of Statistics and Programme Implementation, which monitors infrastructure projects of Rs. 150 crore and above, out of 1,476 projects, 364 reported cost overruns and as many as 756 projects were delayed.
"Total original cost of implementation of the 1476 projects was Rs. 20,84,124.75 crore and their anticipated completion cost is likely to be Rs. 25,36,179.03 crore, which reflects overall cost overruns of Rs. 4,52,054.28 crore (21.69% of original cost)," the ministry's latest report for November 2022 said.
According to the report, the expenditure incurred on these projects till November 2022 was Rs. 13,67,245.45 crore, or 53.91 per cent of the anticipated cost of the projects.
HBL