Full Budget funding for NHAI likely to continue for a decade
- Posted on December 15, 2024
- By Financial Express
- 2 Views
Full Budget funding for NHAI likely to continue for a decade
High debt forced the Centre to halt fresh borrowing by the highway maker NHAI in FY23, FY24 and FY25. As a result, its budgetary support rose to a whopping Rs 1.74 trillion in FY23, over 3 times higher than Rs 57,350 crore in FY22. The budget support was around Rs 2 lakh crore in FY24 and is pegged at Rs 1.68 lakh crore for FY25.