EducationIPM · Central Project +11.2% overrun#605292

Construction of Permanent Campus of Indian Institute of Management [IIM] Amritsar, Punjab, Phase-I

Department of Higher EducationPunjab
Revised Cost: ₹387 CrUtilization: 76.2%Overrun: +₹39 Cr

Original Cost

₹348 Cr

Baseline estimate

+11% overrun

Revised Cost

₹387 Cr

Latest approved cost

Expenditure

₹295 Cr

Spent to date

Utilization

76.2%

Of revised budget

Escalated

Cost Status

+11.2%

+₹39 Cr increase

Remaining

₹92 Cr

Budget left

Budget Utilization

76.2%
0%25%50%75%100%

Spent

₹295 Cr

Remaining

₹92 Cr

Total

₹387 Cr

Budget Split

SpentRemaining

Cost Escalation Analysis

Original Cost

₹348 Cr

Revised Cost

₹387 Cr

Increase

+₹39 Cr

Escalation

+11.2%

Project Timeline

Project Approved

Construction / Implementation

Original End Date

30/06/2023

Revised Completion

20/11/2026

Completed

Project Details

Project Code605292
SectorEducation
MinistryDepartment of Higher Education
StatePunjab
Data Month2026-08

Financial Summary

Original Cost₹348 Cr
Revised Cost₹387 Cr
Expenditure₹295 Cr
Original End Date30/06/2023
Revised Date20/11/2026

Project Intelligence

Cost has increased by ₹39 Cr (11.2%) from the original estimate of ₹348 Cr.

Expenditure stands at ₹295 Cr, which is 76.2% of the revised project cost.

Remaining budget: ₹92 Cr. Tracked under the DPIIT Investment Project Monitoring system.

Sector: Education. Ministry: Department of Higher Education.

Construction of Permanent Campus of Indian Institute of Management [IIM] Amritsar, Punjab, Phase-I is a centrally-funded infrastructure project under Department of Higher Education, in the Education sector. The original approved cost is ₹348.00 Cr, later revised to ₹386.86 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.

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Frequently Asked Questions

QWhat is IPM project "Construction of Permanent Campus of Indian Institute of Management [IIM] Amritsa"?
Construction of Permanent Campus of Indian Institute of Management [IIM] Amritsar, Punjab, Phase-I is a centrally-funded infrastructure project under the Department of Higher Education, tracked through the Investment Project Monitoring (IPM) system. Sector: Education. State: Punjab. Original cost: ₹348 Cr.
QWhat is the cost overrun for this Bihar IPM project?
The original cost was ₹348 Cr and has been revised to ₹387 Cr — a cost overrun of +11.2%. Expenditure to date: ₹295 Cr (76.2% of revised cost). Data as of 2026-08.
QWhich ministry is responsible for this project?
Construction of Permanent Campus of Indian Institute of Mana is under the Department of Higher Education in the Education sector. Project code: 605292. 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 of Indian Institute of Mana is one of several Bihar projects tracked under the Education sector on the IPM system.