Infra projects costs rise by ₹1.6L cr on delays
Project costs of as many as 238 infrastructure projects in India, monitored by the Statistics Ministry, have overshot by ₹1.6 lakh crore on account of delay in land acquisition, forest clearances and other reasons, official data showed. Further, the number of projects reporting cost overruns reduced to 22.2% in February 2016 from 30.5% in April last year.