NHAI debt servicing liability likely to double in five years
Mint Mumbai|July 03, 2023
The surge is primarily due to servicing of loans to construct highways under Bharatmala
Subhash Narayan
NHAI debt servicing liability likely to double in five years

Despite efforts to reduce debt, the National Highways Authority of India (NHAI) is set to face a significant increase in its debt servicing costs over the next five years, adding further strain to its financial position.

According to government estimates, NHAI’s debt servicing will surge from ₹33,000 crore in FY24 to over ₹62,000 crore by FY28, primarily due to servicing of loans to construct an additional 34,800-km stretch of national highways under the Bharatmala Pariyojana, which was approved in 2017. NHAI’s total debt as of 31 March was at a staggering ₹3.43 trillion, marginally lower than the ₹3.48 trillion in March 2022.

هذه القصة مأخوذة من طبعة July 03, 2023 من Mint Mumbai.

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هذه القصة مأخوذة من طبعة July 03, 2023 من Mint Mumbai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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