Liquidity infusion, e-project award top RoadMin revival plan after lockdown
The Union road transport and highways ministry, in consultation with the National Highways Authority of India (NHAI), is drawing up a 10-point agenda to get the construction activity up and running once the national lockdown is lifted. Swift clearances of arbitration claims to infuse liquidity into construction companies tops the list.
The authority has also begun work to iron out payment issues faced by contractors, and design standard operating procedure that will lay down precautions and keep health risk factors in mind, before work on construction resumes.
The government will give thrust to the use of technology for speeding up project awards, so that the impact of time lapsed due to the coronavirus disease (Covid-19) crisis can be minimised.
