Plans afoot to use future road projects to raise funds: Nitin Gadkari

The government is planning to use future road projects for raising funds, road, transport, and highways minister Nitin Gadkari said on Friday, a day after the maiden bond issue of National Highway Infra Trust (NHIT) received a tremendous response ...

Agencies
Nitin Gadkari, Minister of Road Transport and Highways of India.
The government is planning to use future road projects for raising funds, road, transport, and highways minister Nitin Gadkari said on Friday, a day after the maiden bond issue of National Highway Infra Trust (NHIT) received a tremendous response from investors.

Speaking at the listing ceremony of NHIT's non-convertible debentures (NCDs), which was subscribed within a few hours of launch on Thursday, Gadkari said investments in highway projects will offer good returns.

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