Four out of every 10 Central Government infrastructure projects are running behind schedule or have overshot original cost estimates, providing evidence of the heavy toll taken on project execution by delayed regulatory approvals, financial constraints and stalled land acquisition.
The cost of one of these projects is expected to increase 20 times and another is set to miss its original completion date by 21 years, according to data shared by the Ministry of Statistics and Programme Implementation (Mospi) with the Lok Sabha on 18 March.
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Home » Delays, cost overruns plague infrastructure projects
Delays, cost overruns plague infrastructure projects
ECONOMY & POLICY
April 1, 2015April 1, 2015
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