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Five Years On, HAM Unclogged India’s Highway Pipeline. But Gaps Persist.
In the last five years, lower risk drew bidders as the NHAI handed out 46% of highways under HAM.
27 Jul 2021, 01:28 PM IST
A hybrid model introduced five years ago to speed up construction of roads to bridges has paid off with Asia’s third-largest economy now allocating almost half of its highway projects under this arrangement. Yet, some of the older problems persist.India's highway construction in public-private partnership collapsed after the peak of 2011-2012. Partly because returns from aggressive bidding of the past didn't live up to expectations. ...
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