Delays in getting road, rail and power projects approved have eaten into the cashflow of companies burdened by debts that are still rising, slowing capital expenditure to a trickle.
Most of these road contracts are spread across Andhra Pradesh, Haryana, Karnataka, Odisha, Rajasthan, Tamil Nadu, Uttarakhand and West Bengal, with the government struggling to restart them.
Modi placed a $12.6 billion bet in this year's budget on road building
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