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360 Infra projects have cost overruns of Rs 3.8 lakh crore due to delays: Ministry report

R Sinduja

News Editor

Over 360 infrastructure projects, each worth Rs 150 crore or more, have shown cost overruns to the tune of over Rs 3.88 lakh crore owing to delays & other reasons. The ministry monitors infrastructure projects worth Rs 150 crore; of these 1608 projects, 360 reported cost overruns & 550-time escalation. According to a report, expenditure incurred on these projects till June 2019 is Rs 935,021.39 crore.