Macro view of road sector in india

Question

Accepted Answer

The road sector in India has seen significant growth in recent years with increased investment and government initiatives.

The government has launched several initiatives such as Bharatmala Pariyojana and Pradhan Mantri Gram Sadak Yojana to improve road infrastructure.
Private sector participation has increased through Public-Private Partnerships (PPP) and Build-Operate-Transfer (BOT) models.
The sector has also seen the introduction of innovative financing mechanisms such as Toll-Operate-Transfer (TOT) and Infrastructure Investment Trusts (InvITs).
Challenges such as land acquisition, environmental clearances, and project delays still persist.
The COVID-19 pandemic has impacted the sector with a decrease in traffic and revenue for toll roads.
However, the government has announced stimulus packages and relief measures to support the sector during these challenging times.

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