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Mint explainer: what has changed in the new HAM highway contract?

1 source · first seen 13:14 27 Sept · updated 13:14 27 Sept

The brief

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MoRTH’s new HAM framework links construction payments to certified physical progress
The framework adds financing support, tighter monitoring and risk-sharing
The revised contract framework affects Indian road builders and infrastructure companies bidding for highway projects

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1 report · earliest 13:14