Govt clears ₹17k cr highway projects in 9 states
The Indian government on Friday cleared 18 projects worth ₹17,000 crore across nine states in a bid to fast-track building of highways. The projects will be bid out by March, officials said. The projects will include those approved under the hybrid annuity mode under which the government will fund 40% of the project in an attempt to revive Public-Private-Partnership (PPP).