National Road Infra Conclave 2022: Private investments increased to more than Rs 22,000 crore in 2019-20

National Road Infra Conclave 2022: Today, in Financial Express Online’s first edition of the National Road Infra Conclave (NRIC), Amit Kumar Ghosh, Additional Secretary, Ministry Of Roads Transport & Highways said that Highways bring opportunities for investments in different industries, economic activities, and post 2015, there has been a major turnaround as the highway development had proceeded. There has been a steady increase in the allocation of budget. In fact, the road sector has the highest infrastructure sector and it has been increasing at a CAGR of 13% from 2015-16 to 2018-19. He also said that the government has introduced the TOT model, which has enabled them to monetize public-funded national highway projects, which become operational after construction. So far, successful monetization through this model has yielded Rs 15,000 crore.