In this context, he said his Ministry was looking at setting up a Road Finance Corporation which would secure funding, nationally and internationally. He said one key problem was the delay in land acquisition.
To that effect, the Ministry of Surface Transport and Highways this month decided to withhold Central funding to the tune of Rs 7,000 crore per annum from states until they sign the state support agreement and speed up land acquisition by setting up a “highway land acquisition cell” under the Chief Secretary.
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