NHAI Financially Stable, Confirms Nitin Gadkari
ROADS & HIGHWAYS

NHAI Financially Stable, Confirms Nitin Gadkari

Union Minister Nitin Gadkari has reassured the public that the National Highways Authority of India (NHAI) is not facing any financial crises. He clarified that NHAI's financial position remains robust, dispelling rumours suggesting otherwise.

Gadkari highlighted that NHAI continues to receive adequate funding for ongoing and future infrastructure projects. He emphasised that the organisation maintains a steady flow of resources to ensure the timely completion of various highway projects across the country.

The minister addressed concerns over the reported debts, stating that the liabilities are part of planned investments in long-term infrastructure development. He explained that such investments are crucial for boosting economic growth and connectivity.

Gadkari also outlined NHAI's strategy to adopt innovative financial models, including monetization of assets, to sustain its projects. These efforts aim to attract private investments and reduce dependency on traditional funding sources.

The government's focus remains on enhancing road infrastructure to facilitate trade and travel, ultimately contributing to the nation's progress. Gadkari assured that there are no immediate plans to increase toll rates, addressing public concerns over potential hikes.

In conclusion, Gadkari reaffirmed the government's commitment to supporting NHAI's endeavours, ensuring that infrastructure development continues without financial hindrances. The ministry plans to expedite project execution, benefiting both the economy and the public.

The clarification aims to instil confidence among stakeholders and reinforce the government's dedication to infrastructure advancement. The minister's statements underline the importance of maintaining transparency and trust in the administration's efforts to develop national highways.

Union Minister Nitin Gadkari has reassured the public that the National Highways Authority of India (NHAI) is not facing any financial crises. He clarified that NHAI's financial position remains robust, dispelling rumours suggesting otherwise. Gadkari highlighted that NHAI continues to receive adequate funding for ongoing and future infrastructure projects. He emphasised that the organisation maintains a steady flow of resources to ensure the timely completion of various highway projects across the country. The minister addressed concerns over the reported debts, stating that the liabilities are part of planned investments in long-term infrastructure development. He explained that such investments are crucial for boosting economic growth and connectivity. Gadkari also outlined NHAI's strategy to adopt innovative financial models, including monetization of assets, to sustain its projects. These efforts aim to attract private investments and reduce dependency on traditional funding sources. The government's focus remains on enhancing road infrastructure to facilitate trade and travel, ultimately contributing to the nation's progress. Gadkari assured that there are no immediate plans to increase toll rates, addressing public concerns over potential hikes. In conclusion, Gadkari reaffirmed the government's commitment to supporting NHAI's endeavours, ensuring that infrastructure development continues without financial hindrances. The ministry plans to expedite project execution, benefiting both the economy and the public. The clarification aims to instil confidence among stakeholders and reinforce the government's dedication to infrastructure advancement. The minister's statements underline the importance of maintaining transparency and trust in the administration's efforts to develop national highways.

Next Story
Infrastructure Transport

Secunderabad Station Redevelopment Moves Ahead Swiftly

Redevelopment of Secunderabad railway station is progressing rapidly, with the new Railway Protection Force (RPF) building already completed. Construction is actively underway on several key components, including the air concourse, multi-level car parking (MLCP), foot over bridges (FOBs), elevators, the north-side main building, and an electric sub-station on the south side.The RPF building, along with a temporary booking office, is among the early completed elements of the project. Work is advancing steadily on the basement construction on the southern side, foundation work, and the new foot ..

Next Story
Infrastructure Urban

Tamil Nadu Allocates Rs 3.38 Bn for Flood Relief in Three Districts

The Tamil Nadu government has allocated Rs 3.38 billion for flood mitigation projects across Chennai, Tiruvallur, and Kancheepuram for the financial year 2025–26. The initiative, part of an integrated flood management strategy, aims to address persistent waterlogging in urban and semi-urban areas.In the southern parts of Chennai, work has begun in the suburbs with an estimated budget of Rs 27o million. A substantial portion of the total allocation—Rs 2.60 billion—has been designated for Chennai. This includes a specific flood relief project for the Ambattur Industrial Estate, which frequ..

Next Story
Infrastructure Urban

Patna Plans Green Zones to Tackle Rising Pollution Levels

Authorities have emphasised the urgent need for developing more green zones in Patna, which is increasingly becoming a heat-stressed urban area dominated by concrete structures. Expanding green spaces, such as the Tarumitra bio-reserve, is seen as a way to improve the environment and reduce temperatures.Plans under consideration include planting medicinal plants, implementing rainwater harvesting systems, constructing eco-friendly homes, and promoting solar energy usage. If implemented effectively, these measures are anticipated to help reduce both air and water pollution.In a collaborative ef..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?