Question : Financing of NH Development Projects

(a) whether National Highways Authority of India (NHAI) needs to borrow additional money to finance National Highways (NHs) development projects till 2030-31;

(b) whether the Empowered Group of Ministers on Highways headed by Finance Minister had permitted the NHAI to raise funds for the said purpose;

(c) whether the body has revised financing plan and expected to borrow nearly Rs. 3 lakh crore by 2030-31;

(d) if so, the revised plans that have been submitted to the NITI Aayog; and

(e) if so, the extent to which NITI Aayog has considered these proposals and the time by which a final decision in this regard is likely to be taken?

Answer given by the minister

THE MINISTER OF STATE IN THE
MINISTRY OF ROAD TRANSPORT AND HIGHWAYS

(SHRI PON. RADHAKRISHNAN)

(a) Yes Madam. NHAI requires to borrow funds in addition to budgetary allocation to finance NHs development till 2030-31.

(b) Yes Madam. NHAI is permitted to raise funds by the Ministry of Finance on an year to year basis depending on actual requirement.

(c) to (e) Financing Plans are revised from time to time based on actual requirement.

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