Lenders may reject NHAI fund to revive Rs 45,000 crore road projects: Ind-Ra
NEW DELHI: Government intervention of one time funding to revive languishing highway projects will be beneficial for about 50 projects worth Rs 450 billion but lenders may be hesitant for such assistance, India Ratings and Research (Ind-Ra) said today.The Cabinet Committee on Economic Affairs (CCEA) last week approved one-time financial assistance for "physically incomplete and languishing" highway projects.
"The CCEA approval for one time financial assistance by National Hi ..
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