HealthcareIPM · Central Project +81.6% overrun#707022

Establishment of new GMC Chaibasa [Singhbhum]

Ministry of Health & Family WelfareJharkhand
Revised Cost: ₹454 CrUtilization: 73.4%Overrun: +₹204 Cr

Original Cost

₹250 Cr

Baseline estimate

+82% overrun

Revised Cost

₹454 Cr

Latest approved cost

Expenditure

₹333 Cr

Spent to date

Utilization

73.4%

Of revised budget

Escalated

Cost Status

+81.6%

+₹204 Cr increase

Remaining

₹121 Cr

Budget left

Budget Utilization

73.4%
0%25%50%75%100%

Spent

₹333 Cr

Remaining

₹121 Cr

Total

₹454 Cr

Budget Split

SpentRemaining

Cost Escalation Analysis

Original Cost

₹250 Cr

Revised Cost

₹454 Cr

Increase

+₹204 Cr

Escalation

+81.6%

Project Timeline

Project Approved

Construction / Implementation

Original End Date

09/09/2025

Revised Completion

30/09/2026

Completed

Project Details

Project Code707022
SectorHealthcare
MinistryMinistry of Health & Family Welfare
StateJharkhand
Data Month2026-08

Financial Summary

Original Cost₹250 Cr
Revised Cost₹454 Cr
Expenditure₹333 Cr
Original End Date09/09/2025
Revised Date30/09/2026

Project Intelligence

Cost has increased by ₹204 Cr (81.6%) from the original estimate of ₹250 Cr.

Expenditure stands at ₹333 Cr, which is 73.4% of the revised project cost.

Remaining budget: ₹121 Cr. Tracked under the DPIIT Investment Project Monitoring system.

Sector: Healthcare. Ministry: Ministry of Health & Family Welfare.

Establishment of new GMC Chaibasa [Singhbhum] is a centrally-funded infrastructure project under Ministry of Health & Family Welfare, in the Healthcare sector. The original approved cost is ₹250.00 Cr, later revised to ₹454.10 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 "Establishment of new GMC Chaibasa [Singhbhum]"?
Establishment of new GMC Chaibasa [Singhbhum] is a centrally-funded infrastructure project under the Ministry of Health & Family Welfare, tracked through the Investment Project Monitoring (IPM) system. Sector: Healthcare. State: Jharkhand. Original cost: ₹250 Cr.
QWhat is the cost overrun for this Bihar IPM project?
The original cost was ₹250 Cr and has been revised to ₹454 Cr — a cost overrun of +81.6%. Expenditure to date: ₹333 Cr (73.4% of revised cost). Data as of 2026-08.
QWhich ministry is responsible for this project?
Establishment of new GMC Chaibasa [Singhbhum] is under the Ministry of Health & Family Welfare in the Healthcare sector. Project code: 707022. 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. Establishment of new GMC Chaibasa [Singhbhum] is one of several Bihar projects tracked under the Healthcare sector on the IPM system.