Published on 27/07/2018 11:35:56 AM | Source: Dion Global Solutions Ltd

Government planning buy-back policy for National Highways : Minister

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The Indian Government has said that it is considering a buy-back policy for National Highways and a draft has been sent for legal opinion. Commenting on the issue, Road Transport and Highways Minister Nitin Gadkari told the media, "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." 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 buyback about 20 National Highways stretches.