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Explainer: How the govt topped FY21 highway construction target amid pandemic

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How was MoRTH able to reach the target, and exceed it, despite a raging pandemic and resulting lockdown?MoRTH had initiated a slew of relief measures which helped it exceed the target, such as a shift from milestone-based billing, typically of 45-75 days, to monthly billing and release of retention money/performance security in proportion to the work executed, among others.

These also helped reduce the cash conversion cycle, while also getting performance guarantees and associated margin monies released for the executed portion of the projects.Also Read | Why Kerala may not swing this time round"Notwithstanding the high cost of re-mobilising labour, many road contractors made special arrangements to facilitate return of labour due to.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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Covid-19.rehab - the latest news concerning the spread of the SARS-CoV-2 coronavirus (formerly 2019-nCoV), as well as the infectious disease that it causes COVID-19, in separate countries and in the world as a whole. Current news on the topic of coronavirus SARS-CoV-2. Quarantine, pandemic 2020, epidemic: what is it, when will it come to end, precautions and how to protect yourself from this disease. The most honest news, no fakes! To keep up with the latest news, stay tuned for updates on the site! Every day we will collect news and statistics on coronavirus from around the world for you to be aware of this topic.

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