India’s path to economic recovery faces another obstacle, with Prime Minister Narendra Modi asking the state road builder to stop constructing highways after its debt ballooned almost seven-fold over the past five years. “National Highways Authority of India (NHAI) totally logjammed with unplanned and excessive expansion of roads,” the prime minister’s office wrote to NHAI in a letter dated August 17.
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Friday 30 August 2019
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Modi's $5 trillion GDP goal hits a hurdle: Debt at road builder
Modi's $5 trillion GDP goal hits a hurdle: Debt at road builder
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