Mega bailout likely for road sector

The plan for a government bailout for highways looks set to swell to Rs 1,51,000 crore. The road transport and highways ministry might consider a National Highways Authority of India (NHAI) proposal to include 16 more projects for rescheduling of premium payments, if the Cabinet Committee on Economic Affairs (CCEA) decides to first provide a one-time relief for 23 others.

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