Daily Current Affairs – 2020
Resources: The Hindu /PIB
Topic: For Prelims and Mains
Hybrid Annuity Model (HAM) :
Why in News? It was introduced by the transport ministry in January 2016 to revive investments in road infrastructure projects.
About the HAM: HAM’s a hybrid — a mix of the EPC (engineering, procurement and construction) and BOT (build, operate, transfer) models. Under the EPC model, NHAI pays private players to lay ...