May 30, 2022
NHAI News: NHAI debt is sustainable with long term visibility for cash flows
NHAI News: NHAI debt is sustainable with long term visibility for cash flows
The debt of the National Highway Authority of India (NHAI) is sustainable with long-term visibility for cash flows. According to transport secretary Armane Girdhar, the expenditure for building these highways through budgetary support will be recovered through higher tax revenues. Responding to a query on the higher budgetary outgo for developing highways, Girdhar told ET, “The GDP multiplier…
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