MoSPI says 431 infra projects hit by cost overrun of Rs 4.80 lakh crore in January
The expenditure incurred on these projects till January 2024 is Rs 16,43,821.69 crore, which is 53.20 per cent of the anticipated cost of the projects.
The report also cited state-wise lockdowns due to COVID-19 (imposed in 2020 and 2021) as a reason for the delay in implementation of these projects. (Image credit: Reuters)