• There will be a reduction in employment opportunities due to the shelving of these projects, which could lead to an increase in unemployment.
• Investors who have allocated funds to these projects will face losses and may be deterred from investing in India in the future.
• Shelving of these projects will also have a negative impact on the country's GDP and growth, as these projects were meant to drive economic growth and infrastructure development.
• The delay in completion of these projects will result in a lack of resources and facilities, which will impact the quality of life of citizens and economic activities.
• The state government's inability to complete these projects will also affect confidence in the government's ability to deliver on its promises, which could lead to political repercussions and instability.

In conclusion, the delay in completing 58,000 projects due to state government delays will have a significant economic impact on India, including increases in unemployment, losses for investors, negative impacts on GDP and growth, reduced quality of life for citizens, and political instability.