Suggestions to bring relief to h way developers

Suggestions to bring relief to h way developers

As the Prime Minister-appointed C Rangarajan committee is expected to suggest reduction and deferment of premium to be paid by road developers to National Highways Authority of India (NHAI). Hence, with the panel measures, several highway developers like GMR and GVK are set to get major relief within a few days. Rangarajan committee is likely to recommed that for six-laning of highway projects, at least 25 per cent reduction in annual premium payment to NHAI during construction period and about 50 per cent during subsequent years.
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