{"id":292648,"date":"2019-09-19T05:48:16","date_gmt":"2019-09-19T05:48:16","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=292648"},"modified":"2019-09-19T05:55:26","modified_gmt":"2019-09-19T05:55:26","slug":"govt-mulls-alternative-to-bank-guarantee-for-kick-starting-stalled-road-projects","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/govt-mulls-alternative-to-bank-guarantee-for-kick-starting-stalled-road-projects\/","title":{"rendered":"Govt mulls alternative to `bank guarantee\u2019 for kick-starting stalled road projects"},"content":{"rendered":"<p>The government is weighing a plan to remove the bank guarantee clause from road contracts using the engineering, procurement and construction (EPC) model to kick start a large number of stalled projects as part of a larger plan to infuse liquidity into the system. <\/p>\n<p>\u201cThe finance minister has told me to do whatever is needed to award projects to boost liquidity in the markets. I told her that we would award \u20b95 lakh crore worth of highway projects by March,\u201d Road Transport and Highways Minister Nitin Gadkari said in Mumbai on September 9 during a roadshow organised by the National Highways Authority of India.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government is weighing a plan to remove the bank guarantee clause from road contracts using the engineering, procurement and construction (EPC) model to kick start a large number of stalled projects as part of a larger plan to infuse liquidity into the system. \u201cThe finance minister has told me to do whatever is needed to award projects to boost liquidity in the markets. I told her that we would award \u20b95 lakh crore worth of highway projects by March,\u201d Road Transport and Highways Minister Nitin Gadkari said in Mumbai on September 9 during a roadshow organised by the National [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-292648","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/292648","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=292648"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/292648\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=292648"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=292648"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=292648"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}