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More than 3,000-km highway projects yet to take off

Roads & Highways
January 2, 2014January 2, 2014
More than 3,000-km highway projects yet to take off
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More than 3,000 km of highway projects awarded about two years back under the public private partnership (PPP) mode are yet to take off. Both government and private parties are to blame for this mess. The reason for this delay can be attributed to government bodies for delay in taking policy decisions, banks who have become more stringent while sanctioning loans and are asking for 100% land availability as a pre-condition, dip in economic growth leading to decrease in traffic flow.

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