Buying an insurance policy

The infrastructural development in India has been in a good shape owing to the gradually rising demand. Even Agricultural and Service sectors are relying on the status of the infrastructural growth. This shows how important this sector is for the overall development of a nation or society. The Government of India (GoI) has been coming up with different programs and initiatives to boost the infrastructural growth in the country. The recent among its slew of initiatives is 鈥楢sset Recycling鈥?plan.

The National Highways Authority of India (NHAI) Baker Mayfield Youth Jersey , which was bestowed with the responsibility of development and maintenance of the major chunk of national highways, is a statutory and autonomous body under the aegis of Ministry of Road Transport and Highways (MoRTH). It has been leading the pack by coming up with initiatives to boost the efficiency of its commuter-centric services. A lot of tech-based initiatives were taken in the past and most of which were proved successful encouraging the NHAI to maintain the momentum.

Its recent project pertaining to infrastructural development is Wayside Amenities Project. It has been launched with an aim to make use of the vast tracts of land abutting national highways. It is one of the largest projects, which has been executed by the NHAI under the Public-Private Partnership (PPP) model. But more often the NHAI finds funding as a major cause of concern in its mission to develop national highways of India on par with the global highway networks. So, of late it has come up with 鈥楢sset Recycling Plan鈥? which is first of its kind in India.


Under Asset Recycling Plan, the NHAI will call bids for private players to develop and maintain a particular stretch of national highways under Toll-Operate-Transfer (TOT) model. So, with this model, the NHAI would receive capital amount and using which it could develop the next generation assets without any upfront investment. Under this model, the concessionairescontractorsdeveloping parties pay one-time concession amount and for which the NHAI would be granting them with Toll collecting rights for 30 years or predetermined time period in the agreement. Also, the NHAI will ask the other party to maintain proper operational standards to serve the interests of publiccommuters.

The NHAI has received unprecedented bid offer of 9,000 crores, which is 50% more than its estimates, for the maintenance of 680 Km length of national highways. This has set an example for future monetisation of public projects related to all departments. Along with this initiative, the Hybrid Annuity Model (HAM) is also attracting the interests of global and local players, which is a positive sign. At a time, when the global infrastructure sector is reeling under financial crisis, this kind of initiatives will provide an opportunity to the interested players as the risk factor is very low in these models. The other departments and ministries can take a cue from the Asset Recycling Plan as it has already garnered much attention in the highways realm.


Using fundraising models of this kind, the NHAI could stabilise its future capital related dynamics and serve commuters in a better way than ever.


For more information: #HighwayProjectsinIndia #RoadTransportinIndia

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Getting Insurance with the Help of a Motor Insurance Quote Autos Articles | March 25, 2010

Car insurance policies differ from one another in a lot of ways. Insurers offer different coverage to ensure that they can fulfil the needs of their customers. You should be very careful to compare only similar auto insurance quotes. Before you buy a car insurance policy, you should read the policy from start to finish.? Make sure that you understand what is stated there, especially the fine print.






Many people do not bother to get a motor insurance quote.? Even when buying a car insurance policy, they do not shop around and compare coverage and prices, and try to get the best deals.? They just go with what they are used to and who they are familiar with.? In the end, they pay more insurance premiums that may not adequately cover them.? All these could have been avoided with the help of a motor insurance quote.

Car insurance policies differ from one another in a lot of ways.? There are times when insurers offer different coverage to ensure that they can fulfil the needs of their customers.? While some look at risk differently from the others.? As such, there is always a company that sets a higher price than other companies.?

Get quotes from a lot of companies you shop around for a new insurance coverage.? This will help you get the best deal car insurance you prefer,

However, you should be very careful to compare only similar quotes.? Make sure also to consider the following when you buy car insurance:

????? Are there limitations on who could drive the car?

????? Can you buy extra coverage?

????? Is the policy in line with what your bank or finance company requires?

????? What is the excess amount for your policy?

????? What are the special requirements stated on the policy?

All of these factors affect how an insurance company would computer your premiums, but one company might do it differently than another.? Quotes are very important so that you do not get lost in answering these questions and comparing them.

Further, before you buy a car insurance policy, you should read the policy from start to finish.? Make sure that you understand what is stated there, especially the fine print.? Do not hesitate to answer questions should you have any.

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