Crisil Cites “HAM In A Jam” To Lower Road Project Execution Target
Road construction takes place on National Highway 7. (Photographer: Namas Bhojani/Bloomberg)

Crisil Cites “HAM In A Jam” To Lower Road Project Execution Target

Road projects awarded under the National Highway Authority of India’s hybrid annuity model, where the government and private developers share the costs, are stuck in a jam, Crisil said, prompting i...
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