{"id":410198,"date":"2021-04-12T07:45:31","date_gmt":"2021-04-12T02:15:31","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=410198"},"modified":"2021-04-12T08:07:19","modified_gmt":"2021-04-12T02:37:19","slug":"strong-bounce-back-witnessed-for-indias-toll-road-assets-says-icra","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/strong-bounce-back-witnessed-for-indias-toll-road-assets-says-icra\/","title":{"rendered":"Strong bounce back witnessed for India&#8217;s toll road assets, says ICRA"},"content":{"rendered":"<p>India&#8217;s toll roads are likely to witness a 14-15 per cent growth in collections in FY22, ratings agency ICRA said in a report.<\/p>\n<p>Accordingly, this growth will be achieved on a low base following an estimated de-growth of 5-7 per cent in FY21. <\/p>\n<p>&#8220;Road traffic has witnessed a marked improvement in H2 FY2021 after subdued traffic witnessed in the initial months, post resumption of tolling from April 20, 2020. This has been driven by increased movement of both &#8211; passenger and commercial vehicles, resulting in growth of around 10 per cent on a YoY basis.&#8221;<\/p>\n<p>&#8220;Overall, in 9M FY2021, the traffic shrinkage witnessed is 4.6 per cent as compared of 13 per cent de-growth in Gross Value Added (GVA) of construction, mining and manufacturing.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India&#8217;s toll roads are likely to witness a 14-15 per cent growth in collections in FY22, ratings agency ICRA said in a report. Accordingly, this growth will be achieved on a low base following an estimated de-growth of 5-7 per cent in FY21. &#8220;Road traffic has witnessed a marked improvement in H2 FY2021 after subdued traffic witnessed in the initial months, post resumption of tolling from April 20, 2020. This has been driven by increased movement of both &#8211; passenger and commercial vehicles, resulting in growth of around 10 per cent on a YoY basis.&#8221; &#8220;Overall, in 9M FY2021, the [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,168],"tags":[],"class_list":["post-410198","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-roads-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/410198","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=410198"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/410198\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=410198"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=410198"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=410198"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}