Highway Expansion

The Covid-19 pandemic and an unusually long rainy season have kept the authorities from reaching the annual highway construction target of 12,000 km

To fund acquisition of three projects from NHAI, with which it will sign a concession agreement for 20 years

The five projects are: Belagavi-Sankeshwar bypass, Sankeshwar bypass up to Maharashtra border, Chorla-Jamboki-Belagavi, Vijayapura-Muragundi (NH 548B) and Siddapura-Vijayapura(NH 561A)

Borrowing up seven times in five years, growing at a CAGR of 47.6 per cent from Rs 45,300 crore at the end of March 2016

The NHAI said it is actively promoting digital payments to enhance the user experience on national highways

Maintaining cash flow a problem; experts feel global players needed for execution, maintenance

Nomenclature leads to reduction in toll revenues for the existing highways

This could also put to rest allegations that the Narendra Modi government has failed to create employment opportunities