With the debt of National Highway Authority of India (NHAI) surpassing Rs 3 lakh crore and its dependance on government’s budgetary support increasing, the NITI Aayog has decided to go in for an institutional evaluation of the highway construction body.
The government think tank’s Development Monitoring and Evaluation Office (DMEO) has floated a tender for selection of a technical consultant for conducting an evaluation study of road projects and the functioning of NHAI.
“In the context of its (NHAI’s) increasing debt servicing burden, contingent liabilities, dependence on government budgetary support, and ambitious highway and infrastructure development plan,