MePiyush OP t1_j7xar3c wrote on February 10, 2023 at 1:33 AM

58% of Large Infrastructure Projects are delayed leading to a cost overrun of more than Rs. 3 lakh crore. The Government informed the Parliament on Monday that Road & Railway projects are on top regarding delays and cost escalation.

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Data Source: Parliament Q&A

Altofaltception t1_j7xdpi7 wrote on February 10, 2023 at 1:56 AM

Took me a while to figure this out. 1 lakh is 100,000. 1 crore is 10 million. So 1 lakh crore is 1 trillion. 3 trillion rupees is about $12 36 billion USD

sunoval2017 t1_j7xl07p wrote on February 10, 2023 at 2:52 AM

thanks, number units translator

Altofaltception t1_j7xmtq2 wrote on February 10, 2023 at 3:06 AM

Haha just trying to make sense of it for myself

vasu174 t1_j7ynxao wrote on February 10, 2023 at 9:59 AM

37 billion USD*

Altofaltception t1_j7ysrzy wrote on February 10, 2023 at 11:05 AM

You're right. I checked the going rate for 1 trillion.

Aggravating_Claim956 t1_j7yx2fc wrote on February 10, 2023 at 11:57 AM

I think after this huuuuge budget on infra it will be under control or fixed