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.
Denne historien er fra December 16, 2024-utgaven av Financial Express Lucknow.
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Denne historien er fra December 16, 2024-utgaven av Financial Express Lucknow.
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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Poverty of ambition
Zero tariffs for US drugs cost little but Indian firms must look beyond branded generics, seek R&D-driven growth
In trade war with US, China deploys food as weapon
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Mark Carney wins race to lead Liberal Party, and Canada
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Cars24 Forays Into New Car Sales With Super App
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Indices fall on tariff concerns; VIX jumps
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Sun to buy Checkpoint for $355 mn
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Data find clues to hidden water-ice on the moon
Chandrayaan-3 Data Findings
Govt's FY25 spending to exceed revised estimate
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