Govt aims to monetize $24 billion worth of highways by 2027

The Indian government plans to monetize around two trillion rupees ($24.1 billion) worth of highways in the coming years, according to ratings agency CareEdge Ratings. With the National Highways Authority of India expected to commission 4,000-4,500 kilometers of new roads annually over the next three years, the government can monetize these assets through an Infrastructure Investment Trust (InvIT) or toll-operate-transfer model.

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