{"id":555232,"date":"2023-02-14T09:32:15","date_gmt":"2023-02-14T04:02:15","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=555232"},"modified":"2023-02-14T10:23:01","modified_gmt":"2023-02-14T04:53:01","slug":"inflation-linked-road-toll-rate-hike-to-be-modest-at-2-5-in-fy24-icra","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/inflation-linked-road-toll-rate-hike-to-be-modest-at-2-5-in-fy24-icra\/","title":{"rendered":"Inflation-linked road toll rate hike to be modest at 2-5% in FY24: Icra"},"content":{"rendered":"<p>Credit rating agency ICRA on Monday said the inflation-linked toll hike should be relatively modest at 2-5 per cent in FY24 as compared to 8.7-14.6 per cent last fiscal.<\/p>\n<p>ICRA has revised the outlook on the toll road sector to stable from positive for FY24.<\/p>\n<p>&#8220;In the backdrop of easing WPI inflation to 4.95 per cent in December 2022 and an expected WPI inflation of sub-2 per cent in March 2023, the inflation-linked toll hike should be relatively modest at 2-5 per cent in FY2024 compared to the 8.7-14.6 per cent toll rate hike in FY2023,&#8221; ICRA said.<\/p>\n<p>According to ICRA, the change in outlook to stable primarily reflects the expected moderation in toll collection growth to 6-9 per cent in FY2024, compared to a stellar 17-20 per cent growth witnessed in FY2023.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Credit rating agency ICRA on Monday said the inflation-linked toll hike should be relatively modest at 2-5 per cent in FY24 as compared to 8.7-14.6 per cent last fiscal. ICRA has revised the outlook on the toll road sector to stable from positive for FY24. &#8220;In the backdrop of easing WPI inflation to 4.95 per cent in December 2022 and an expected WPI inflation of sub-2 per cent in March 2023, the inflation-linked toll hike should be relatively modest at 2-5 per cent in FY2024 compared to the 8.7-14.6 per cent toll rate hike in FY2023,&#8221; ICRA said. According to [&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-555232","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\/555232","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=555232"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/555232\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=555232"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=555232"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=555232"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}