The government has asked highway developers and banks to put their house in order or prepare for their contracts to be terminated.
While the Prime Minister´s Office (PMO) asked banks to come out with viable solutions for about 16 projects, where NHAI is ready for one-time infusion of funds to aid their completion, the Central Bureau of Investigation (CBI) has begun investigating cases of suspected ´diversion of funds´ by developers.
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Home » CBI investigates diversion of funds
CBI investigates diversion of funds
Infrastructure Finance
February 1, 2016February 1, 2016
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