The India Story: Long journey traversed, but 90% of nation yet to be built

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The India Story: Long journey traversed, but 90% of nation yet to be built - Business Standard

Quick Summary:

This period has also seen the transformation of national highways from simply physical infrastructure to an asset class — the private sector has entered the scene in a big way and the once-isolated realm of the thekedar (contractor) has now embraced the fine-suit world of finance professionals.

According to the Ministry of Road Transport and Highways (MoRTH), commuters have paid Rs 2.1 trillion in tolls on national highways since the year 2000.Of this, Rs 1.4 trillion has been pocketed by private corporations.

Coming into 2025, the Centre has on its plate the largest projects in India’s history to expedite — mega ports in Galathea Bay, Great Nicobar, and Vadhavan in Maharashtra, and the India-Middle East Europe Economic Corridor, which will see India establish seamless trade with Europe and West Asia.