What is the cost overrun for this Bihar IPM project?

The original cost was ₹425 Cr and has been revised to ₹501 Cr — a cost overrun of +17.9%. Expenditure to date: ₹485 Cr (96.7% of revised cost). Data as of 2026-08.

Which ministry is responsible for this project?

Construction of Permanent Campus for IIM Jammu Phase-1 at Ja is under the Department of Higher Education in the Education sector. Project code: 602098. Bihar is one of the states tracked under the central IPM dashboard for this project.

What is the IPM dashboard and what does it track?

The Investment Project Monitoring (IPM) dashboard, maintained by DPIIT (Department for Promotion of Industry and Internal Trade), tracks centrally-funded infrastructure projects worth ₹150 Crore and above. Construction of Permanent Campus for IIM Jammu Phase-1 at Ja is one of several Bihar projects tracked under the Education sector on the IPM system.

EducationIPM · Central Project +17.9% overrun#602098

Construction of Permanent Campus for IIM Jammu Phase-1 at Jagti, Nagrota, Jammu, J&K

Department of Higher EducationJammu & KashmirData:

Revised Cost: ₹501 CrUtilization: 96.7%Overrun: +₹76 Cr

Original Cost

₹425 Cr

Baseline estimate

+18% overrun

Revised Cost

₹501 Cr

Latest approved cost

Expenditure

₹485 Cr

Spent to date

Utilization

96.7%

Of revised budget

Escalated

Cost Status

+17.9%

+₹76 Cr increase

Remaining

₹16 Cr

Budget left

Budget Utilization

96.7%

0%25%50%75%100%

Spent

₹485 Cr

Remaining

₹16 Cr

Total

₹501 Cr

Budget Split

SpentRemaining

Cost Escalation Analysis

Original Cost

₹425 Cr

Revised Cost

₹501 Cr

Increase

+₹76 Cr

Escalation

+17.9%

Project Timeline

Project Approved

Construction / Implementation

Original End Date

30/06/2023

Revised Completion

30/11/2025

Completed

Project Details

Project Code602098

SectorEducation

MinistryDepartment of Higher Education

StateJammu & Kashmir

Data Month2026-08

Financial Summary

Original Cost₹425 Cr

Revised Cost₹501 Cr

Expenditure₹485 Cr

Original End Date30/06/2023

Revised Date30/11/2025

Project Intelligence

Cost has increased by ₹76 Cr (17.9%) from the original estimate of ₹425 Cr.

Expenditure stands at ₹485 Cr, which is 96.7% of the revised project cost.

Remaining budget: ₹16 Cr. Tracked under the DPIIT Investment Project Monitoring system.

Sector: Education. Ministry: Department of Higher Education.

Construction of Permanent Campus for IIM Jammu Phase-1 at Jagti, Nagrota, Jammu, J&K is a centrally-funded infrastructure project under Department of Higher Education, in the Education sector. The original approved cost is ₹425.00 Cr, later revised to ₹500.91 Cr.

This project is tracked under the Investment Project Monitoring (IPM) system maintained by DPIIT. Other central projects in the same sector are listed below.

Frequently Asked Questions

QWhat is IPM project "Construction of Permanent Campus for IIM Jammu Phase-1 at Jagti, Nagrota, Jammu,"?: Construction of Permanent Campus for IIM Jammu Phase-1 at Jagti, Nagrota, Jammu, J&K is a centrally-funded infrastructure project under the Department of Higher Education, tracked through the Investment Project Monitoring (IPM) system. Sector: Education. State: Jammu & Kashmir. Original cost: ₹425 Cr.
QWhat is the cost overrun for this Bihar IPM project?: The original cost was ₹425 Cr and has been revised to ₹501 Cr — a cost overrun of +17.9%. Expenditure to date: ₹485 Cr (96.7% of revised cost). Data as of 2026-08.
QWhich ministry is responsible for this project?: Construction of Permanent Campus for IIM Jammu Phase-1 at Ja is under the Department of Higher Education in the Education sector. Project code: 602098. Bihar is one of the states tracked under the central IPM dashboard for this project.
QWhat is the IPM dashboard and what does it track?: The Investment Project Monitoring (IPM) dashboard, maintained by DPIIT (Department for Promotion of Industry and Internal Trade), tracks centrally-funded infrastructure projects worth ₹150 Crore and above. Construction of Permanent Campus for IIM Jammu Phase-1 at Ja is one of several Bihar projects tracked under the Education sector on the IPM system.