Full Budget funding for NHAI may continue for a decade
Financial Express Chennai|December 16, 2024
TOLL REVENUES TO SUFFICE FOR CAPEX NEEDS IN A FEW YEARS
Prasanta Sahu New Delhi, December 15
Full Budget funding for NHAI may continue for a decade

To maintain transparency and sustainability, the Centre will likely continue to shoulder the massive capital expenditure requirements of the state-run infrastructure builder—the National Highways Authority of India (NHAI)—for the next decade or so, until it becomes self-sufficient through adequate toll revenue generation.

Once the proposed highway network is completed across the country, maintenance activities will constitute the majority of the capital expenditure, significantly easing the financial burden on NHAI.

"At that point in time, the budget support would be discontinued as the highway builder would have enough resources of its own from toll revenues," an official said.

Esta historia es de la edición December 16, 2024 de Financial Express Chennai.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

Esta historia es de la edición December 16, 2024 de Financial Express Chennai.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

MÁS HISTORIAS DE FINANCIAL EXPRESS CHENNAIVer todo
Financial Express Chennai

These Men in Blue break boundaries for the disabled

ON JANUARY 7 this year, a 17-member Indian cricket team was given a warm send-off for a four-nation Champion Trophy tournament in Sri Lanka.

time-read
2 minutos  |
January 20, 2025
Financial Express Chennai

Reliance steps up distribution push as FMCG vertical grows

THE FAST-MOVING CONSUMER goods (FMCG) arm of Reliance, which has touched ₹8,000 crore in topline for the first nine months of FY25, will expand distribution in north and west India, sources have told FE.

time-read
1 min  |
January 20, 2025
Financial Express Chennai

Comfortable design for 24/7 wear

It tracks fitness, sleep, stress & other key health vitals

time-read
2 minutos  |
January 20, 2025
Financial Express Chennai

India-Oman FTA talks nearing completion

INDIA NOT SEEKING DUTY CONCESSIONS ON LIQUOR, CIGARETTES

time-read
1 min  |
January 20, 2025
Financial Express Chennai

The promise and perils of agentic AI

Guardrails are needed for its safe and responsible use

time-read
2 minutos  |
January 20, 2025
Financial Express Chennai

Kotak Mahindra Bank expects NIM to improve

FRESH SLIPPAGES IN Q3 DECLINE

time-read
1 min  |
January 20, 2025
Financial Express Chennai

Trade Partner Or Adversary?

India must think beyond China-Plus-One strategy as the world trade order is rapidly changing

time-read
2 minutos  |
January 20, 2025
Financial Express Chennai

Protesters storm court after it extends Yoon's detention

HUNDREDS OF SUPPORTERS of South Korea's arrested president, Yoon Suk Yeol, stormed a court building early on Sunday after his detention was extended, smashing windows and breaking inside, an attack the country's acting leader called \"unimaginable\".

time-read
1 min  |
January 20, 2025
Financial Express Chennai

Railways capital expenditure for FY26 may be pegged at ₹2.9L crore

\"THE RAILWAYS IS working on multiple fronts which require significant capital expenditure from the government.

time-read
1 min  |
January 20, 2025
Financial Express Chennai

Davos Turns Into Fortress

GIVEN THE HIGH-profile nature of the event, beginning Monday, the security is both discreet and visible and comprises snipers, drone jammers, regular frisking and checking and round-the-clock patrol.

time-read
3 minutos  |
January 20, 2025