< Previous | Contents | Next >
2.7.4. Challenges in this Model
♤ HAM is still a new model. So government should test it, improve it and refine it, before it goes big. (There are 28 projects approved under HAM, worth more than 36,000 cr.)
♤ Participation has to be increased more to start the positive feedback loop, where old contractors return. Then more participation and competition will increase the confidence.
Notwithstanding these issues this model presents a healthy mix of the existing models, taking their positives. Currently, this seems to be the solution for fast track execution of projects amidst the pessimistic business sentiments.