New Delhi. There are at least 448 such infrastructure projects of the Center whose cost has increased to over Rs 4.02 lakh crore by 21 February 2021. The monthly report of the Ministry of Statistics and Program Implementation states that 539 projects are lagging behind schedule. The report stated that the total original cost of implementation of 1,739 projects was Rs 22,18,210.29 crore and their expected completion cost is likely to be Rs 26,20,618.44 crore, which is the total cost of Rs 4,02,40,000.15 crore (of the original cost). 18.14 percent).
247 projects on schedule
The expenditure on these projects is more than Rs 12.29 lakh crore as of January 2021, which is 46.92 percent of the estimated cost of the projects. The report also said that out of 1,739 projects, 12 projects are progressing ahead of schedule, 247 projects are on schedule, while 539 projects are getting delayed. The cost of 448 projects has gone up. The completion of 209 projects is not only delayed, but their cost is also increasing.
No details about 941 projects
However, the monthly report states that the number of delayed projects would have declined to 401 if the completion period of the projects had been freshly reviewed. The irony is that 941 projects are neither known as to when they started nor is there an estimated period of completion.