Legal Uncertainty Threatens India's Infrastructure Investment

India builds infrastructure like roads and airports with help from private companies (PPPs).

A recent court decision said that companies can only collect fees until they make a certain profit.

This decision might make investors worry about future projects, especially big ones, because it makes it harder for them to calculate profits.

The article talks about how this decision could affect future projects.

It explains how clearer laws could help reassure investors and keep projects going.

The authors suggest things like new laws and special court reviews to help make things more predictable and keep money flowing into infrastructure.