HomeNewsBusinessSeven of 10 most-delayed infrastructure projects in India are rail lines

Seven of 10 most-delayed infrastructure projects in India are rail lines

The cost escalation of the 809 delayed projects added up to more than Rs 4.65 lakh crore as of July.

August 29, 2023 / 12:53 IST
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India has 135 infrastructure projects delayed by five years or more.

According to the latest report for July 2023 by the Infrastructure and Project Monitoring Division (IPMD), 809 projects were delayed and 213 projects were behind schedule even after being granted extensions.

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The road transport and highways sector had the most number of delayed projects at 262, followed by the railways at 115 and the petroleum sector at 89.

As many as 388 projects were hit by cost overruns, too. The cost escalation of the 809 delayed projects added up to more than Rs 4.65 lakh crore as of July, according to the report.