WIRE — The Union Cabinet on Wednesday approved a mega road project for Varanasi, which includes an 89-kilometre elevated road network along the rivers Ganga and Varuna. According to the information shared, the elevated corridors will be developed under the Hybrid Annuity Model (HAM). The Hybrid Annuity Model (HAM) is a public-private partnership (PPP) framework used by the Government of India (primarily by the NHAI) to build national highways.
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