• Delayed projects by State governments have a significant impact on India's economy. It affects the country's GDP, investment, employment and infrastructure development.
• Reports suggest that over 400 major infrastructure projects worth Rs.15 lakh crores were shelved due to delays by State governments.
• The delays lead to increased project costs, which eventually get passed on to the citizens in the form of higher taxes or delayed benefits.
• The lack of proper infrastructure development affects the country's economic growth and competitiveness, as investors tend to avoid regions lacking in proper infrastructure, further leading to limited job opportunities for the citizens.
• Delayed projects also lead to negative perceptions by foreign investors, as it signals inconsistency and lack of planning by the State governments.
• The government should work towards implementing projects efficiently, with proper planning and timely monitoring, to avoid and mitigate the negative impacts of delays.

Thus, the effect of delayed projects on India's economy is extensive, and it can lead to a vicious cycle of poor market conditions, reduced investment and economic stability.