AS URBANISATION ACCELERATES across India, a striking trend has emerged: once-peripheral roads, originally designed to connect satellite cities, are now vital urban arteries. In many cases, these roads were financed through long-term tolls—typically spanning 25–30 years—to offset the initial construction costs. However, as cities like Delhi and Mumbai have expanded, tolls that once served as funding mechanisms have been phased out, raising a critical question: How to reconcile the interests of urban residents with those of private investors who bankroll such infrastructure projects?
The removal of tolls can ease the financial burden on daily commuters, but it poses a challenge to the economic viability of the roads themselves. Many of these infrastructure projects were designed with tolls as a key revenue stream, and eliminating them undermines the financial assumptions that underpinned their construction. This necessitates a careful recalibration of funding models—one that considers both public convenience and investor expectations.
Denne historien er fra December 18, 2024-utgaven av Financial Express Kolkata.
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Denne historien er fra December 18, 2024-utgaven av Financial Express Kolkata.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Markets slump over 1%
● Investors' wealth down ₹4.92 lakh cr
EPFO weighs higher equity investments
● Labour ministry panel to look at ways to raise exposure
Indian firms turn to euro, yen swaps to trim borrowing cost
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IIT-Madras to offer fine arts, culture courses
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Not even 2% work-linked higher education courses yet: Report
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The world's busiest airline routes in 2024 are largely in Asia
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Indian firms use euro, yen swaps
ECB president Christine Lagarde hinted at a bigger 50 basis point rate cut to buffer the euro zone economy
SME IPOs fetch rich returns in Dec
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EPFO weighs higher equity investments
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KYC masking to go live on Jan 20
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