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Over 140 infrastructure projects show cost overrun of Rs 15,000 cr

Tuesday, 07 Dec 2021
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As many as 144 Central infrastructure projects have reported delays (single and multiple) in their completion in FY22. The total cost overrun due to the delays is Rs 14,960.02 crore. 
 
The total anticipated cost of these 144 projects is Rs 1,82,453.84 crore, a rise from Rs 1,67,493.82 estimated originally. 
 
The major steps undertaken to ensure the completion of the Central sector infrastructure projects without time and cost overruns include periodic review of projects under Pragati through video conferencing, rigorous project appraisal and online computerised monitoring system (OCMS). 
 
The steps also include setting up of revised cost committees in the ministries for fixation of responsibility for time and cost overruns; regular review of infrastructure projects by the concerned administrative ministries; and setting up of Central sector projects coordination committees in the states under the Chief Secretaries for removal of bottlenecks.
 
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