The roads ministry has sought an extension of its scheme to resolve hundreds of disputes over contracts—including some stuck in courts—that are holding up road-building, according to two people familiar with the matter.
Some 400 disputes between government agencies and contractors, involving a substantial sum of money, are stuck in arbitration and courts.
The Ministry of Road Transport and Highways (MoRTH) expects the government’s Vivad Se Vishwas (dispute to trust) to speedily resolve these cases and unlock stuck capital.
But for this to happen, claimants must fulfil the eligibility criteria for filing of dispute resolutions and adhere to submission deadlines. According to a recent notification from the finance ministry, the deadline for submitting claims under the Vivad Se Vishwas scheme has been extended until December.
However, the deadline has already passed for challenging a legal order in an existing dispute.
Bu hikaye Mint Mumbai dergisinin November 24, 2023 sayısından alınmıştır.
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Bu hikaye Mint Mumbai dergisinin November 24, 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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