Lowering debt load: Borrowings of NHAI to fall below 2L cr by March
NEW DELHI: Borrowings of the National Highways Authority of India (NHAI), which had peaked at almost Rs 3.5 lakh crore in 2021-22, is set to fall below Rs 2 lakh crore by March with the entity planning to reduce its debt load.
The Centre is directly taking over funding for highway projects, instead of getting NHAI to borrow. This is the primary reason for the reduced pile of debt as no borrowings have taken place since 2022-23, when there were concerns over the highways authority going “bankrupt”.
