Modi's $5 trillion GDP goal hits a hurdle: Debt at road builder

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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