Will approach capital markets next month to raise money for building roads: Nitin Gadkari
The centre will be approaching capital markets next month to raise money for road building according to Transport Minister, Nitin Gadkari.
“There will be an investment limit of Rs 10 lakh for retail investors, there will be an assured return of 7-8%. This money will be raised through InvIT,” said Gadkari while addressing a session organised by Federation of Indian Chambers of Commerce & Industry.
He also added that the Centre will also be opening up road building once again under Build Operate Transfer (BOT) model.
