In a major development, the National Highway Authority of India (NHAI) has gone ‘Fully Digital’, with the launch of unique cloud-based and Artificial Intelligence-powered Big Data Analytics platform – Data Lake and Project Management Software, reports Zee News.
The platform will expedite decision-making process and reduce pending disputes.
“With advance analytics, the Data Lake software will forecast the delays, likely disputes and will give advance alerts. Thus, apart from expediting the decision making, it will also facilitate in taking correct and timely decisions as the system is likely to predict financial impacts of different alternatives based on the historical data. This will reduce a lot of disputes," an official statement said.
It should be noted that NHAI has has several pending arbitration cases, with huge amount of claims. Most of the disputes are generic in nature, which includes delay in handing over of encumbrance free site, idling charges of plant, machinery, equipment, manpower and delay in decisions etc, among others.
“These disputes can be minimised as the Data Lake software has provisions to keep track and check on all these constraints and will ensure work is carried out within the deadlines in a transparent manner. As all processes are going to be portal-based, decision-making is going to be faster and will eventually diminish chances of litigation in future," it said.
As you are no doubt aware, Swarajya is a media product that is directly dependent on support from its readers in the form of subscriptions. We do not have the muscle and backing of a large media conglomerate nor are we playing for the large advertisement sweep-stake.
Our business model is you and your subscription. And in challenging times like these, we need your support now more than ever.
We deliver over 10 - 15 high quality articles with expert insights and views. From 7AM in the morning to 10PM late night we operate to ensure you, the reader, get to see what is just right.
Becoming a Patron or a subscriber for as little as Rs 999/year is the best way you can support our efforts.