Economic slowdown hits roads & infra sector
  • WebDesk BTVI
  • Aug 30 2019

The ongoing economic slowdown has also affected roads and infra sector with awards of new road projects falling 20 per cent In April-July 2019. Awards of road projects for the April-July quarter in FY20 stood at 946 km, as opposed to the same period in the previous fiscal when government awarded 1,189 km road projects. NHAI's outstanding debt currently stands at Rs 1.8 lakh crore.