Cost overruns of central government projects decline in August to 19.08%
The cost overruns of central government projects worth Rs 150 crore and above decreased to 19.1% in August, marking the fourth consecutive month of decline. However, 54% of the projects were delayed for over two years, with an average time overrun of 36.96 months. The railways ministry had the highest cost overruns, while the roads ministry faced overrun in 185 out of 945 projects.
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