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Quality contractors scarce amid housing boom.
As per Mospi, out of 1,817 projects, 831 projects were delayed.
The average time overrun in these 792 delayed projects is 35.4 months.
Infrastructure projects facing major setbacks, hindering progress.
The report was recently tabled by the Ministry of Statistics and Programme Implementation.
Cost overruns plague 448 infrastructure projects.
Cost overruns amounting to Rs 4.92 Tn plague 443 infrastructure projects in India.
The Cost Overrun Ratio reaches a three-month peak in December, according to MOSPI.
Infrastructure projects in India face a staggering setback
The reason being delay in land acquisitions.
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