Tag Archives: Infrastructure Development

Hybrid Annuity Model (HAM) – A project by Indian Government

Introduction: The Hybrid Annuity Model (HAM) is a Public-Private Partnership (PPP) model introduced by the Government of India in 2016. It aims to address the funding challenges in infrastructure development, particularly in the road sector. HAM combines elements of two existing models: Engineering, Procurement, and Construction (EPC): Under EPC, the …

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Pradhan Mantri Awas Yojana (PMAY)

Introduction The Pradhan Mantri Awas Yojana (PMAY), launched in 2015, is a flagship initiative by the Government of India to achieve the vision of “Housing for All” by 2022. This essay will delve into the scheme’s objectives, provisions, achievements, challenges, and the way forward for its successful implementation. Objectives Facilitate …

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