NHAI’s outstanding liabilities reduced by ₹ 50,652 cr

The debt reduction of NHAI was primarily through the National Highways Infra Trust, the Infrastructure Investment Trust to shed high interest loans from commercial banks

New Delhi:

The National Highway Authority of India (NHAI)’s outstanding liabilities were reduced to around ₹2,84,521 crore in the current fiscal year from ₹3,35,173 crore in 2023-24, the expenditure budget released on Saturday showed even though the budget speech by finance minister Nirmala Sitharaman made no mention of the highway sector.