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NHAI eyes law tweaks to form land banks

NHAI eyes law tweaks to form land banks

Saturday, January 11, 2020, 7:02 PM

The NHAI will seek amendments in the National Highways Act to acquire more land to create land banks to meet future requirement and to monetise them. This is being pushed as a nonconventional source for raising revenue for building and expansion of highways. Sources said the amendments are necessary since the central law specifies that NHAI can acquire land only for highways.
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