{"id":357975,"date":"2020-06-18T10:34:29","date_gmt":"2020-06-18T05:04:29","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=357975"},"modified":"2020-06-18T10:34:29","modified_gmt":"2020-06-18T05:04:29","slug":"nhai-settles-claims-worth-%e2%82%b913349-crore-over-3-years","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/nhai-settles-claims-worth-%e2%82%b913349-crore-over-3-years\/","title":{"rendered":"NHAI settles claims worth \u20b913,349 crore over 3 years"},"content":{"rendered":"<p>The National Highways Authority of India (NHAI) has settled claims worth \u20b913,349 crore for \u20b93,743 crore, since financial year 2017-18, road transport and highways ministry said on Wednesday.<\/p>\n<p>\u201cTill Now, 108 cases have been referred to CCIE (Conciliation Committees of Independent Experts) and claims worth \u20b913,349 crore have been successfully settled for an amount of \u20b93,743 crore. NHAI is working on a fast track mode to resolve all the disputes through conciliation,&#8221; an official statement said.<\/p>\n<p>\u201cIt will not only reduce the legal hassles of both the parties in a long-drawn arbitration process but the money stuck in arbitral cases can be unlocked for revival of private sector,&#8221; it said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The National Highways Authority of India (NHAI) has settled claims worth \u20b913,349 crore for \u20b93,743 crore, since financial year 2017-18, road transport and highways ministry said on Wednesday. \u201cTill Now, 108 cases have been referred to CCIE (Conciliation Committees of Independent Experts) and claims worth \u20b913,349 crore have been successfully settled for an amount of \u20b93,743 crore. NHAI is working on a fast track mode to resolve all the disputes through conciliation,&#8221; an official statement said. \u201cIt will not only reduce the legal hassles of both the parties in a long-drawn arbitration process but the money stuck in arbitral cases [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,189],"tags":[],"class_list":["post-357975","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-roads-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/357975","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=357975"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/357975\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=357975"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=357975"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=357975"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}