Cabinet Committee on Economic Affairs, CCEA has given its approval for the Hybrid Annuity Model as one of the modes of delivery for implementing the highway projects. The main object of the approval is to revive highway projects in the country by making one more mode of delivery of highway projects. Adopting Hybrid Annuity Model for projects which are not found viable on Toll mode shall be more effective in terms of maximizing the quantum of kilometers implemented within the available financial resources of the government. <br/><br/>By adopting the Model, all major stakeholders in the Public Private Partnership arrangement would have an increased comfort level resulting in revival of the sector. It will facilitate uplifting the socio-economic condition of the entire nation due to increased connectivity across the length and breadth of the country leading to enhanced economic activity.