Union Budget: Govt keeps NHAI’s borrowings to a minimum for 3rd year
Thu, Feb 1, 2024 4:00 PM

Union Budget: Govt keeps NHAI’s borrowings to a minimum for 3rd year

A Flip by Avya Verma
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The Union government has asked the National Highways Authority of India (NHAI) to continue on the path of fiscal consolidation and keep borrowings to a minimum in 2024-25 in an attempt to stop its debt ballooning to unsustainable levels. According to the interim budget for 2024-25, no provision for borrowings by the highway developer has been made for the next financial year.

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