With land acquisition still being a pain area, the ambitious Bharatmala Project is expected to be completed in FY28 after a six-year delay only if the current pace of execution is maintained
According to the Ministry of Statistics and Programme Implementation out of 1,579 projects, 425 projects reported cost overruns and as many as 664 projects were delayed
Given the liquidity squeeze, there is a crying need for significantly better coordination between the RBI and the banks to fully support the government's highway development programme
