[vc_row][vc_column][vc_column_text]In order to revitalise the stalled highway projects, Road and Transport Minister Nitin Gadkari on Monday met bankers in Mumbai to discuss funding of highway projects.
In order to revitalise the stalled highway projects, Road and Transport Minister Nitin Gadkari on Monday met bankers in Mumbai to discuss funding of highway projects.
The meeting focussed on resolving 10 highway projects worth over Rs 20,000 crore stuck due to lack of financial closure. A two-member committee will be formed to look into the revival of these stuck projects. The committee will have representatives from banks and National Highways Authority of India.
The projects have been stuck due to disagreements, cost escalations and doubts over viability of the projects.
source: Money Control[/vc_column_text][/vc_column][/vc_row]
