Min to set up dispute resolution committee

The Ministry of Road Transport and Highways will set up a committee headed by a retired High Court judge to implement the dispute resolution mechanism.The committee is intended to free up about Rs 11,000 crore of funds stuck in disputes between the NHAI and contractors.Many national highway developers, including L&T, Gammon, IRB, Afcons, HCC and Madhucon, have ongoing disputes with NHAI involving the contracts implemented. A total of 1,635 cases, involving Rs 11,000 crore, are pending in arbitration tribunals and courts. Contact: Ministry of Road Transport and Highways.Tel: 011-2371 9955.E-mail: ifcmost@nic.inWebsite: www.morth.nic.in