Question : COST AND TIME OVERRUNS OF PROJECTS



(a) whether the mega projects being executed by India in the neighbouring countries are suffering from cost and time overruns;

(b) if so, the details thereof including the names of the countries where these projects are being executed and the cost of the projects;

(c) the initial time schedule for their completion; and

(d) the steps taken by the Government for timely completion of these projects?

Answer given by the minister


THE MINISTER OF EXTERNAL AFFAIRS (SHRI S. M. KRISHNA)

(a): India undertakes several development projects in our neighbouring countries. Non-plan projects exceeding or equal to Rs.300 crores and plan projects exceeding or equal to Rs.150 crores are classified as Mega projects. All efforts are made to ensure timely completion of such projects. However, in a few cases, due to unforeseen circumstances, there have been cost and time overruns.

(b) to (d): Details are annexed.