The National Highways Authority of India (NHAI), plays a crucial role in developing and managing India’s national highway network. Established in 1988, NHAI acts on behalf of the government, undertaking projects with funding from various sources. These include:
Government Budget: NHAI receives budgetary allocations from the government for highway development.
Borrowings: NHAI borrows funds through internal and extra budgetary resources (IEBR). This practice has been discontinued as of FY 2023-24.
