MoSPI: 431 infra tasks hit by value overrun of ₹4.80L cr in Jan

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As many as 431 infrastructure tasks, every entailing an funding of ₹150 crore or above, have been hit by value overrun of greater than ₹4.80 lakh crore in January 2024, an official report acknowledged.

As per Ministry of Statistics and Programme Implementation (MoSPI), tasks value ₹150 crore and above, out of 1,821 tasks, 431 reported value overrun and 780 tasks have been delayed. ” Complete unique value of implementation of the 1,821 tasks was ₹26,09,679.38 crore and their anticipated completion value is prone to be ₹30,90,135.99 crore, which displays total value overruns of ₹4,80,456.61 crore (18.41% of unique value),” the lastest report mentioned.

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