Govt proposes buy-back policy for national highways

The government is considering a buy-back policy for National Highways and a draft has been sent for legal opinion, Parliament was informed today.

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The government is considering a buy-back policy for National Highways and a draft has been sent for a legal opinion, Parliament was informed today.

"The Ministry proposes to formulate a Buy-back Policy. A draft Buy-back Policy has been considered by NHAI Board which has been sent for legal vetting," Road Transport and Highways Minister Nitin Gadkari informed Lok Sabha in a written reply.

After the legal vetting, the draft will be submitted to the ministry for consideration, he said.

As per reports earlier, the National Highways Authority of India (NHAI) plans to buy back about 20 National Highways stretches.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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