NHAI’s Road Construction Drive Set To Hit A Debt Speed Bump
A road construction site in Kolkata, West Bengal. (Photographer: Prashanth Vishwanathan/Bloomberg)

NHAI’s Road Construction Drive Set To Hit A Debt Speed Bump

The solution to the road construction crisis in the first term of the Narendra Modi government has now turned into a problem.The Hybrid Annuity Model, devised to shift the financing burden off over...
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