{"id":426497,"date":"2021-07-19T09:21:56","date_gmt":"2021-07-19T03:51:56","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=426497"},"modified":"2021-07-19T10:31:50","modified_gmt":"2021-07-19T05:01:50","slug":"higher-competition-in-road-sector-can-impact-quality-india-ratings-and-research","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/higher-competition-in-road-sector-can-impact-quality-india-ratings-and-research\/","title":{"rendered":"Higher competition in road sector can impact quality: India Ratings and Research"},"content":{"rendered":"<p>Higher competition in the road sector could impact the building quality, said India Ratings and Research (Ind-Ra).<\/p>\n<p>Ind-Ra said that increased competition in the road sector in FY21, resulting from the National Highways Authority of India&#8217;s (NHAI) initiative to reduce prequalification requirements, may ultimately lead to a moderation in the quality of roads.<\/p>\n<p>&#8220;Along with higher order inflows, the sector has also witnessed an increase in competition, resulting in lower-than-expected bid prices,&#8221; the agency said in a report. <\/p>\n<p>&#8220;The NHAI&#8217;s stated plan of action to monitor the execution closely, especially in cases of abnormally low bids, needs to be implemented strictly to maintain the quality of roads,&#8221; it added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Higher competition in the road sector could impact the building quality, said India Ratings and Research (Ind-Ra). Ind-Ra said that increased competition in the road sector in FY21, resulting from the National Highways Authority of India&#8217;s (NHAI) initiative to reduce prequalification requirements, may ultimately lead to a moderation in the quality of roads. &#8220;Along with higher order inflows, the sector has also witnessed an increase in competition, resulting in lower-than-expected bid prices,&#8221; the agency said in a report. &#8220;The NHAI&#8217;s stated plan of action to monitor the execution closely, especially in cases of abnormally low bids, needs to be implemented [&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":[130,193,136],"tags":[],"class_list":["post-426497","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-roads-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/426497","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=426497"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/426497\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=426497"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=426497"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=426497"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}