Infrastructure projects see cost overrun of ₹3.4 trillion: MoSPI ...Middle East

Economy by : (Business Standard) -
Infrastructure projects worth more than Rs 150 crore each recorded a cumulative cost overrun of around Rs 3,40,504 crore, according to a monthly government report for July 2026. A total of 1,775 ongoing infrastructure projects across 17 Central Ministries/ Departments were monitored and it was found that the total revised cost was Rs 37,10,642 crore compared to their original cost of Rs 33,70,138 crore. The report, however, did not specify the actual number of projects that faced cost overrun. The cumulative expenditure incurred on these projects stands at Rs 19.26 lakh crore, accounting for approximately 51.91 per cent of the revised project cost, indicating steady progress in project implementation, a statement by the Ministry of Statistics and Programme Implementation (MoSPI) said. A significant proportion of projects are at advanced stages, with 675 projects (38 per cent) achieving over 80 per cent physical progress, while 305 (17 per cent) have crossed 80 per cent financial ..

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