NHAI’s debt to cross Rs 3 lakh crore by March, touch Rs 3.7 lakh crore by FY22-end

The National Highway Authority of India’s (NHAI’s) debt is expected to go past the Rs 3 lakh crore-mark by the end of the current fiscal. As on November-end, the authority’s debt stood at Rs 2,72,484 crore and the authority is likely to borrow another Rs 31,500 crore more before March.

In the Budget for the 2021-22 fiscal, the government is likely to permit NHAI to borrow another Rs 65,000 crore in 2020-21, which means its total debt would reach Rs 3.69 lakh crore by the end of 2021-22 fiscal. At the end of 2018-19, NHAI had Rs 1.79 lakh crore debt.