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NHAI

NHAI to issue Green Bonds worth Rs 1,000 crore

The proceeds from the issue of ‘Green Bonds’ will be used for activities such as expenditure on avenue plantation, median plantation, construction of animal underpasses, natural stormwater drainage, streetlights on renewable energy (solar), waste recycling, and reuse and rainwater harvesting.

Tackling Sloth

A simple solution to control time and cost overruns would be to condense the timeline of all Government projects to one year. Typically, each Government Department has scores of projects running simultaneously. Budget allocations are made in a way that some projects hibernate while others are speeded-up. If a time period of one year is uniformly allocated for all Government projects, starting from 1 April, cost and time overruns could be easily monitored