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Auctioning of Highway Maintenance and Operations:To Augment Private Partnership in Highway Sector

News:

The government is looking at the option of auctioning operations and maintenance of National Highways to domestic and international players.In order to increase the private participation in highway sector, auctioning operation and maintenance of National Highways to domestic and international players is one of the options.

Source: ET

SNP Insights:

This proposed plan is expected to increase the opportunities for private parties in the Highway Sector which was having a declining trend in the past few years. This  helps the government to handover O&M to private / foreign parties so that they can contribute their efforts in identifying and constructing new highways to improve the road transportation infrastructure in India.

Source: SNP Infra Research