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Awarding of contracts for national highway construction in slow lane in H1: Report

A new Vision 2047 may replace Bharatmala Phase 2, bringing in a flurry of greenfield projects in the sector, which have higher capital intensity. While fastag revenues have shown a strong growth of 24 per cent year-on-year in the April-September period, high frequency indicators such as GST and fuel consumption indicate that FY24 will register record toll revenues of Rs 67,000 crore, the SBICAPS report stated. ....

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