Slow land reforms posing downside risk for infra projects: Fitch Solutions
The slow pace of land reforms will continue to result in project delays and rising costs, posing a downside risk for the road and rail sectors, Fitch Solutions said Wednesday.
On Mumbai-Ahmedabad high speed rail project, it said that the USD 7.1 billion railway project connecting the states of Maharashtra and Gujarat in the west coast of the country is likely to be delayed due to ongoing land acquisition issues. Image: Pixabay