Though the 2013 Act aims at achieving a delicate balance between the interests of the various stakeholders, the new concepts introduced have raised new concerns and a question still remains as to how several of these laudatory measures will be implemented.
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A tale of two Bills
The Highways Bill could represent the first major step taken by the government towards the creation of an independent authority with the power to cut delays and streamline the project approvals processes, thereby addressing major problems faced by the Indian roads and highways industry today and potentially opening up huge private investment, writes Aakanksha Joshi.
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