Highway builders oppose move to end arbitration in ₹10 crore-plus disputes, seek clarity from FM Sitharaman
The National Highway Builders Federation (NHBF) has opposed the road transport ministry’s decision to end arbitration for disputes involving claims of over ₹10 crore, including ongoing and already-contracted projects where arbitration has not yet begun. It has sought sector-specific clarification from Finance Minister Nirmala Sitharaman on the 2024 order mandating conciliation instead of arbitration for such cases.