Despite concerns from contractors and appeals to reconsider, the Telangana government will proceed with implementing the Hybrid Annuity Model (HAM) for road infrastructure. The decision follows a meeting with ministers and stakeholders, where contractors warned of massive job losses.
Heavy rains have caused severe damage to roads across Telangana, with over 700 km battered. Panchayat Raj and R&B departments estimate repair costs above Rs 800 crore, but contractors are unwilling to take up works citing delayed payments and pending bills
Contractors in Telangana have raised strong objections to the State government’s Hybrid Annuity Model (HAM) for road infrastructure development. They argue that HAM should be limited to new road construction, while repairs and maintenance should remain under traditional models to protect small contractors and businesses.
Hyderabad: Roads and Buildings Minister V Prashanth Reddy on Thursday inspected the ongoing construction works of the new Secretariat building here and reviewed the progress. During a surprise inspection, the Minister interacted with the officials to check the progress of works and enquired whether the works were being executed as per the work chart at […]