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NHAI blamed for encouraging irresponsible bids

NHAI blamed for encouraging irresponsible bids

One of the reasons for companies like GMR and GVK walked out of big-ticket road projects is that the companies are over-leveraged, said Gajendra Haldea, Infrastructure Advisor to Planning Commission Deputy chairperson Montek Singh Ahluwalia. The bureaucrat's statement comes in days after infrastructure majors GMR and GVK walked out of road projects.