Overview
- The April MoSPI flash report finds a cumulative cost overrun of Rs 5.65 lakh crore as revised costs rose to Rs 42.78 lakh crore from an original Rs 37.12 lakh crore.
- The dataset covers 1,981 central-sector projects of Rs 150 crore or more monitored across 17 ministries, with Transport and Logistics accounting for about 55% of the revised cost.
- Cumulative expenditure on the portfolio stands at Rs 20.36 lakh crore, roughly 47.6% of revised cost, and many projects are advanced in work with 801 projects over 80% physical completion.
- News coverage points to execution bottlenecks and rising input prices as the main drivers of cost growth, and some sectors such as water and sanitation and communications showed especially large upward revisions.
- The flash report does not list how many individual projects overran their budgets, a gap that limits targeted corrective action and could complicate future budget planning and oversight.