Most public sector banks, flush with deposits now, offer 3-4% interest on savings deposits, while a few private sector banks go up to 6%.
As FIIs pull out of road projects, doubts have surfaced about the future of new highways and roads
Most of these road contracts are spread across Andhra Pradesh, Haryana, Karnataka, Odisha, Rajasthan, Tamil Nadu, Uttarakhand and West Bengal, with the government struggling to restart them.
Land acquisition costs have gone up to almost 50% of total project cost.
Cabinet to take up proposal to extend operation & maintenance contracts from 9 to 29 years
With its new hybrid annuity model, the government is confident of getting more funds from India Inc.