STOCK MARKET AND BUDGET-Asking for Too Much

the original proposals. In the case of hydel projects, the addition to capacity has been less than 60 per cent of the target and the cost overruns often more than 300 per cent. R>r instance, in the case of Bina hydel project approved by the planning commission in 1977, the drawings were not ready even by December 1980, although according to the project schedule, 75 per cent of the work should have been completed by then. Frequently, the capacity of the projects was revised upwards.