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Private highway developers’ plea for relief

Private highway developers’ plea for relief

Citing the continuing economic slowdown that has impacted their projects, private highway developers are urging the Union government for maximum relief. Road builders like IRB, L&T, Reliance Infra, Ashoka Buildcon and Essel Infraprojects have started 16 premium projects and they want the government to allow rescheduling of annual premium payment.

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Govt to ease norms for road builders

Govt to ease norms for road builders

Seeking to attract developers to new construction projects the Union Roads Ministry has proposed easing norms for road builders. The Ministry has sent a note to the Cabinet Committee on Investment suggesting an early exit for road developers.