Toll collection on national highways likely to fall by 25-30% in May

Toll collection on national highways is likely to fall by 25-30% month-on-month in May as a fall out of the lockdown and restrictions imposed by several states to contain the spread of the coronavirus, rating agency Icra said on Thursday. In April also, toll collection also fell by 10% over March, 2021.

However, Icra’s vice president Rajeshwar Burla said, “With fall in number of Covid cases from third week of May 2021, states are expected to relax the lockdown restrictions in a gradual manner. We expect the toll collections to ramp-up from June onward.”

Read more

You may also like

Comments are closed.

More in Newspapers