MoSPI says 449 infra projects hit by cost overrun of Rs 5.01 lakh cr in March

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The total original cost of these projects was Rs 26,87,535.69 crore, but their anticipated completion cost is expected to be Rs 31,88,859.02 crore, representing an 18.65% increase. The report noted that out of 1,873 projects, 779 were delayed, with reasons including land acquisition delays, environmental clearances, and infrastructure support issues

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