Fixing fair O&M costs through the maintenance period will sustain quality of roads, provide exit windows for developers after construction and boost mergers and acquisitions in the sector
Because of the negative economic environment, it will be difficult for banks to fund the large ticket infrastructure projects.
CNBC-TV18's Rituparna Bhuyan reports that the law ministry has given its nod on proposals to finance public private partnership projects and clear the way for various road projects which have been stuck due to problems on that front.
India has invited Swiss companies to participate in the development of its infrastructure sector that is projected to see investments of around USD 1 trillion over the next five years. The development of the roads sector alone is expected to attract investments worth USD 70 billion in India