The government on Wednesday approved the amendments proposed in the toll-operate-transfer (TOT) model for the national highways.
Public-funded national highway (NH) projects that are operational and have toll revenue generation history of one year after the commercial operations date will be monetised through the TOT model.
The monetisation will be subject to the approval of the competent authority in the ministry of road transport and highways/NHAI on a case-to-case basis.
The Centre has approved the Industrial Relation Code Bill, which is the third code under labour reforms. The government wants to codify 44 central labour laws into four broad codes. While the code on wages has already been approved by Parliament, the labour ministry will push the code on occupational safety in the Budget session.
