437 Infrastructure project cost Rs. 4.37 lakh crore
New delhi date. 23 November 2020, Monday
Rs. 150 crore or more in the infrastructure sector at a cost of Rs. More than Rs 2.5 lakh crore has been added.
As per the September report released by the ministry, the cost of 6 out of 14 projects in the infrastructure sector has increased. While 21 schemes are running behind schedule.
A total of Rs. Expenditure was estimated at Rs 21,04,6.51 crore. Which has now risen to Rs. The target is set to reach Rs 2,3,06.5 crore.
As per the information disclosed in the report, till last September 2020, Rs. 11,31,6.5 crore has been spent. Which is going to be 3.50% of the total estimated cost.
If we look at the cost incurred according to the new timeline for the implementation of these schemes, the number of projects delayed from the scheduled time will be reduced to 20 in the near future. The report does not specify the year in which the six schemes were launched.
Out of the 21 schemes that have been delayed, 12 schemes have been delayed for 12 months, 12 schemes for 18 to 6 months, 150 schemes for 6 to 20 months and 121 schemes for 21 months or more.
Reasons behind delay in various schemes include delay in land acquisition, approval of Environment-Forest Department and other reasons.
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