Centre’s plans to monetise $24 billion worth of highways by 2027

The centre is likely to monetise approximately Rs 2 trillion ($24.1 billion) worth of highways by 2027. The National Highways Authority of India (NHAI) is set to commission 4,000-4,500 km of new roads every year over the next three years. Under the government’s current plan, based on the public-private partnership framework, around 88 per cent of road projects awarded before March 2020 are now operational and ready for monetisation. However, about 12 per cent of projects awarded prior to 2020 still face delays owing to operational inefficiencies.