Delays in more than 800 government projects led to cost overruns of Rs 4.5 trillion as of December 2022, according to data shared in the Rajya Sabha this week.
The government planned 1,438 projects with an original cost of Rs 20.4 trillion. Their cost has increased to Rs 24.9 trillion as of December 2022: primarily due to delays in 835 projects, said Rao Inderjit Singh, minister of state with independent charge of the Ministry of Statistics and Programme Implementation (MOSPI).
A 'Business Standard' analysis of MOSPI data shows that the share of delayed projects in total increased from 26.6 per