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Part of premuim to be paid in first year of project

Rangarajan panel

Rangarajan Panel: Pay entire premium before project completion

The panel headed by the Prime Minister’s Economic Advisory Council Chairman Mr. C Rangarajan to look into issues related to premium rescheduling for developers of highway projects has come out with its recommendations. According to the recommendations proposed, road developers should submit the entire premium amount three years before the completion of the entire contract. […]

ranjan.j

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