Budget 2019: NHAI fundraising plan raised by 21% to Rs 75,000 crore

This financial year, allocation has been made to the NHAI for major works under the Bharatmala Pariyojana, entrusted to the organisation for execution

Funds to be raised for the National Highways Authority of India (NHAI) have been hiked by 21 per cent in 2019-20 as the government prepares a blueprint for executing Bharatmala projects in a time-bound manner.

The authority has the approval to raise Rs 75,000 crore during the current year and government support of Rs 36,691 crore has been sanctioned.
 

In FY19, Rs 62,000 crore, a mix of debt raised from banks, toll revenue, and a road monetisation scheme, was to be raised.

This financial year, allocation has been made to the NHAI for major works under the Bharatmala Pariyojana, entrusted to the