Hindsight: The roads ministry has so awarded just 123 km of highway projects under PPP this year against the target of 2,023 km. Some of the measures introduced/being explored by the government include:
Forward look: To galvanise the industry, fiscal measures aimed at addressing the sectoral issues at its roots are vital.
The Narendra Modi factor: Although leadership is a crucial factor in the success of any organisation, political or otherwise, it is difficult to predict if an individual alone can drive the success of the entire industry. The bureaucrats at various levels and on-ground implementation agencies alone can channel progress at grassroots level.
Sudhir Hoshing, CEO-Roads Business, Reliance Infrastructure, with plans to hive off many of its 11 road projects to pare debt