The projects affected by cost overruns span various sectors, including railways, roads, power, and urban development. Factors contributing to these overruns include delays in land acquisition, environmental clearances, and regulatory approvals, as well as issues related to funding constraints and project execution.

The cost overrun figures highlight the need for enhanced oversight and governance mechanisms to ensure the timely completion and cost-effectiveness of infrastructure projects. Delays and cost escalations not only strain government finances but also hamper economic growth and development initiatives.

The MoSPI report also reveals that out of the total 1,856 infrastructure projects monitored by the QEII, only 53.8% are on schedule, indicating significant room for improvement in project management practices and implementation strategies. Addressing the root causes of cost overruns and delays is crucial for unlocking the full potential of India's infrastructure sector and driving sustainable economic growth.

Efforts to streamline project approvals, enhance coordination among stakeholders, and strengthen monitoring mechanisms are essential to mitigate the impact of cost overruns on infrastructure development. By addressing these challenges proactively, policymakers can ensure the efficient allocation of resources and the timely delivery of critical infrastructure projects to support India's growth trajectory.