21 September, 2020

Biztro

Business in bitesizes

Biztro
outlookindia.com
2016-08-13T14:50:40+05:30
Slow On The Reforms Highway

Amidst all the brouhaha over GST, a significant reform has slipped through. The cabinet has allowed the National Highway Authority of India (NHAI) to lease 75 operational highway projects. This is attractive to foreign investors seeking regular returns without the headache of fresh construction. A source tells us that PM Narendra Modi sat on this proposal—which will yield big revenues for the government—because he was app­rehensive about being accused of selling off Indian assets. Now that the deed is done, the NHAI has been stressing that the assets remain with the country and that there has not been any ­distress sale.

Barrels Of Inconsistency

Even as petroleum minister...

unsub

THIS ARTICLE IS PRICELESS...

To read this piece, and more such stories in India's most exciting and exacting magazine, plus get access to our 25-year archives goldmine, please subscribe.


More from Arushi Bedi


Latest Magazine

September 28, 2020
content

other articles from the issue

articles from the previous issue

Other magazine section