Rs 15,000 Crore Lost As 144 Central Projects Reported Delays This Year

Statistics Minister Rao Inderjit Singh's reply said the total anticipated cost of these 144 projects is Rs 1,82,453.84 crore

Rs 15,000 Crore Lost As 144 Central Projects Reported Delays This Year

Cost overrun of these delayed projects is Rs 14,960.02 crore, Parliament was told. (Representational)

New Delhi:

As many as 144 central infrastructure projects have reported delays in its completion in the current financial year and the total cost overrun of these is Rs 14,960.02 crore, Parliament was informed on Monday.

"The list of central infrastructure projects that have reported delays in completion in the current financial year is at Annexure-I. The cost overrun of these 144 projects is Rs 14960.02 crore," Statistics Minister Rao Inderjit Singh said in a written reply to a query in the Rajya Sabha.

It also stated that the total anticipated cost of these 144 projects is Rs 1,82,453.84 crore, up from Rs 1,67,493.82 crore estimated originally.

The minister told the Upper House that the major steps undertaken to ensure the completion of central sector infrastructure projects without time and cost overruns include periodic review of projects under PRAGATI through video conferencing; rigorous project appraisal; and online computerised monitoring system (OCMS).

The steps also include setting up of revised cost committees in the ministries for fixation of responsibility for time and cost overruns; regular review of infrastructure projects by the concerned administrative ministries; and setting up of central sector projects coordination committees in the states under the chief secretaries for removal of bottlenecks.

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