Centre working on five-year plan to rid NHAI of debt

The plan, included in the 100-day agenda of the road ministry, involves retiring high-interest long-term debt and bringing down the interest payment, thereby allowing the NHAl to expand its highway network.

3 min read16 Apr 2024

NHAI reports highest-ever highway construction in FY24

The state-owned company built 6,644 km of national highways in FY24 against the target of 6,544 km. In FY23 it built 5,544 km of national highways.

1 min read2 Apr 2024

Relief for Indian commuters: No hike in toll tax rates for the next two months; here’s why

Relief for Indian commuters: There will be no hike in toll tax rates for the next two months. Check out why the NHAI has been asked to postpone it

1 min read2 Apr 2024

NHAI raises more than ₹16,000 crore in its largest InvIT monetisation round

In the third round of monetisation, NHAI’s infrastructure investment trust raised around ₹7,272 crore from domestic and international investors, and debt of around ₹9,000 crore from Indian lenders to fund the acquisition of national highway stretches.

2 min read19 Mar 2024

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The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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