+
NHAI's new system to transfer compensation to property owners faster
ROADS & HIGHWAYS

NHAI's new system to transfer compensation to property owners faster

The National Highways Authority of India (NHAI) will switch to a new system to transfer the compensation for land acquisition to beneficiary accounts through the Public Finance Management System (PFMS), in a bid to fasttrack the disbursement process.

This system will avoid the blocking of amounts that can be used for construction. NHAI's Rs 38,000 crore was lying in the bank account, which was for the land acquisition.

According to the sources, the road transport secretary, Giridhar Aramane, has issued directions to use this mode of payment to landowners, which the Ministry of Road Wing has been following for the last two-three years.

NHAI has disbursed about Rs 1.3 lakh crore for land acquisition in the last four years.

Recently, NHAI deposited the compensation for disbursal as soon as the 3 G award was finalised for the land acquisition. But the competent state authorities, Calithera Biosciences (CALA), took longer to disburse the money.

According to the sources, PFMS payments are for land acquisition by the road wing and the road transport and highways ministry, but landowners want this implementation in NHAI.

PFMS uses bank or post office account details with the beneficiary's details to ensure that the money is transferred to the right account, reducing the risk of misdirected payments.

It ensures that all the information provided by the beneficiary is valid by the bank or post office so the agency can make e-payments to the beneficiaries accounts.

Image Source


Also read: Land acquisition cost in Maharashtra high: Nitin Gadkari

The National Highways Authority of India (NHAI) will switch to a new system to transfer the compensation for land acquisition to beneficiary accounts through the Public Finance Management System (PFMS), in a bid to fasttrack the disbursement process. This system will avoid the blocking of amounts that can be used for construction. NHAI's Rs 38,000 crore was lying in the bank account, which was for the land acquisition. According to the sources, the road transport secretary, Giridhar Aramane, has issued directions to use this mode of payment to landowners, which the Ministry of Road Wing has been following for the last two-three years. NHAI has disbursed about Rs 1.3 lakh crore for land acquisition in the last four years. Recently, NHAI deposited the compensation for disbursal as soon as the 3 G award was finalised for the land acquisition. But the competent state authorities, Calithera Biosciences (CALA), took longer to disburse the money. According to the sources, PFMS payments are for land acquisition by the road wing and the road transport and highways ministry, but landowners want this implementation in NHAI. PFMS uses bank or post office account details with the beneficiary's details to ensure that the money is transferred to the right account, reducing the risk of misdirected payments. It ensures that all the information provided by the beneficiary is valid by the bank or post office so the agency can make e-payments to the beneficiaries accounts. Image SourceAlso read: Land acquisition cost in Maharashtra high: Nitin Gadkari

Next Story
Infrastructure Transport

PMRDA Clears Encroachments To Reopen Hinjewadi–Marunji Road

In an effort to reduce congestion in Pune’s expanding IT corridor, the Pune Metropolitan Region Development Authority (PMRDA) has begun removing unauthorised structures blocking a key link between Hinjewadi Phase 2 and Marunji Laxmi Chowk.Acting under commissioner Yogesh Mhase, teams from several departments started work on Thursday to reclaim the corridor from Wipro Circle to Laxmi Chowk. The final 300 metre stretch is now under construction and is expected to be completed in 15–20 days.Earlier notices had been served where illegal buildings diverted or obstructed natural draina..

Next Story
Infrastructure Transport

Delhi–Jaipur Expressway To Cut Journey To 3 Hours

A new greenfield expressway between Delhi and Jaipur promises to slash travel time from nearly five hours to around three. Developed by the National Highways Authority of India (NHAI) at an estimated cost of about Rs 20 billion, the 195.5 kilometre corridor will divert heavy traffic from the over burdened Delhi–Gurgaon stretch of NH 48 and offer a safer, smoother route for cars and freight alike.At its heart is a 66.9 kilometre, four lane, access controlled spur—opened on 1 June 2025—that links Urban Extension Road II near IGI Airport directly to Chandwaji on the outskirts of..

Next Story
Infrastructure Transport

PWD Plans Rs 7.2 Million Audit of Four South Delhi Flyovers

The Public Works Department (PWD) has floated a tender worth Rs 7.2 million to carry out structural and hydrological audits on four major flyovers in South Delhi. The project includes the IIT Flyover at Africa Avenue, the old RTR Flyover, two spans of the Modi Mill Flyover on the Outer Ring Road, and the culvert over Barapullah Nallah on Lala Lajpat Rai Marg.Additionally, the consultancy work involves widening and developing a 300-metre road near New Ashok Nagar metro station by constructing three new culverts. Tenders will be opened on 24 July, and the selected consultancy will have 540 d..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?