04 SEPTEMBER, 2017 (MAINS)

TODAYS ANSWER WRITING CHALLENGE FROM GS- III

Q1. The Cabinet Committee on Economic Affairs recently gave its approval for the Hybrid Annuity Model as one of the modes of delivery for implementing the Highway Projects. Enumerate the salient features of the Hybrid Annuity Model (HAM). Mention the advantages of the Hybrid Annuity Model over the other PPP models for road construction in India? (200 words)

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