🇮🇳India

अनुदान बजट ओवररन

2 verified sources

Definition

Grant recipients face cost sharing mandates (e.g., 50% for national labs on projects >₹80 lakh) and strict budget heads (equipment, manpower). Manual processes cause undetected overruns, especially with revised estimates showing cuts (e.g., DST R&D from ₹592 crore to ₹200 crore).[2][4]

Key Findings

  • Financial Impact: ₹10-20 लाख per project overrun; 50% cost sharing on >₹80 lakh projects
  • Frequency: Per grant cycle (18-36 months)
  • Root Cause: Manual budget tracking without real-time visibility into scheme-specific allocations

Why This Matters

The Pitch: Biotechnology Research players in India waste ₹10-20 लाख per project on budget overruns. Automation of Grant Budget Tracking eliminates this risk.

Affected Stakeholders

Project PI, Finance Officer, Grant Administrator

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Financial Impact

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Current Workarounds

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Methodology & Sources

Data collected via OSINT from regulatory filings, industry audits, and verified case studies.

Evidence Sources:

Related Business Risks

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