Infrastructure Debt
354 infra projects show cost overruns of Rs 4.55 trn, 821 projects delayed
As many as 354 infrastructure projects, each entailing an investment of Rs 150 crore or more, have been hit by cost overruns of more than Rs 4.55 lakh crore, as per an official report. According to the Ministry of Statistics and Programme Implementation, which monitors infrastructure projects worth Rs 150 crore and above, out of 1,449 projects, 354 reported cost overruns and as many as 821 projects were delayed. "Total original cost of implementation of the 1,449 projects was Rs 20,69,658.30 crore and their anticipated completion cost is likely to be Rs 25,25,348.87 crore, which reflects overall cost overruns of Rs 4,55,690.57 crore (22.02 per cent of original cost)," the ministry's latest report for March, 2023 said. According to the report, the expenditure incurred on these projects till March 2023, is Rs 13,90,736.58 crore, which is 55.07 per cent of the anticipated cost of the projects. However, the number of delayed projects decreased to 616, if delay is calculated on the basi
 "354 infra projects show cost overruns of Rs 4.55 trn, 821 projects delayed")
Tatas all set to monetise road, ropeway projects; to raise Rs 6K crore
Tata Realty to raise Rs 6,000 cr as fresh debt
 "Tatas all set to monetise road, ropeway projects; to raise Rs 6K crore")
Taking account of NHAI's Rs 3.38 trillion debt will help govt look better
While the Centre has taken FCI's debt on to its books, the NHAI debt load is not only larger, but also has different dynamics altogether
 "Taking account of NHAI's Rs 3.38 trillion debt will help govt look better")
Working on policy for payment of construction firms' debt by agencies: NITI Aayog CEO
CEO Amitabh Kant said that monetisation of land must come with development of cities
 "Working on policy for payment of construction firms' debt by agencies: NITI Aayog CEO")
