Toll collection in current, next fiscal to be adversely impacted as operations halted: ICRA

NEW DELHI: The government’s move to stop toll collection amid the 21-days’ nationwide lockdown is set to push toll collection into the negative territory for FY 2020, while collection in April, and subsequently FY 2021, is also likely to be adversely impacted, ratings agency ICRANSE 1.00 % said on Thursday.

“Overall, the annual toll collections for FY2020 are expected to witness a decline by around 2-3%. For the month of March 2020, the decline in toll collections is estimated to be more than 40%,” the agency said in a statement on Thursday.