Monetisation Of Highways

The govt's asset monetisation plan was on track last year as it surpassed its target in FY22. But what is the current situation like? Is the plan on track to meet the target in the current fiscal too?

The decision assumes significance as MoR has been lagging behind in achieving its targets under the National Monetisation Pipeline (NMP) of the Centre, during the last fiscal year

Leasing government-owned land would be easier and should be accorded higher priority

Monetisation of road assets holds the key here as it accounts for 27 per cent of the NMP in value terms

NHAI has planned an InvIT, but it has seen multiple deferments over the Covid disruptions. But a Rs 5,100-cr InvIT is now likely next month

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The plan covers 20 asset classes spread over 12 line ministries and departments

The idea is to welcome more private investment and boost the economy through highway construction, said Sandhu

The total length of National Highways at present is abut 150,000 km, or about 2 per cent the length of all the roads, but they carry about 40 per cent of the total trafficMwwgh

TOT is an asset monetisation model, where the government transfers the right to operate and maintain a highway to successful bidder for a period of 30 years.

Funds generated from highway monetisation would be used for new infrastructure programmes such as the Bharatmala