Covid deepens Indian infra sector's troubles, flagship projects among casualties

“At present everything is in a state of pandemonium,” Hemant Kanoria, chairman of Srei Infrastructure Finance Ltd. in Kolkata, said, while seeking a one-time recast of loans for construction firms, clearance of dues owed by the government and faster resolution of disputes to ease cash flow. “Otherwise everyone is dead.”

from Economy-News-Economic Times https://ift.tt/3118Fru