India's Highway Revamp: Government Revives BOT Model for Infrastructure

Imagine the government wants to build more highways, but they don't want to use all their money right away.

They're asking private companies to help!

The companies will build a road, and then they can collect money from tolls for many years to get their money back.

After that, the road goes back to the government.

This is called the BoT model.

The government is bringing it back because it allows them to get more roads built without spending as much money upfront.

They are also changing the rules to make it safer for companies to invest, like allowing them to exit early or get help if things don't go as planned, such as not enough drivers using the roads.

The government hopes this will encourage more companies to build and improve highways.