The National Highways Authority of India (NHAI) plans to reduce its debt to below ₹1.5 trillion by the Financial Year 2026-27.
NHAI's long-term objective is to achieve a completely debt-free status by the year 2030.
This strategic move aims to enhance the financial sustainability and operational efficiency of the state-owned infrastructure developer.
A statutory body under the Ministry of Road Transport and Highways, responsible for the development, maintenance, and management of National Highways in India.
Directly linked to national projects like the National Infrastructure Pipeline and PM Gati Shakti, aiming for robust connectivity.
Impacts government borrowing, fiscal deficit management, and the financial health of public sector enterprises.
NHAI often employs models like Toll-Operate-Transfer (TOT) and Infrastructure Investment Trusts (InvITs) to monetize existing assets, which can contribute to debt reduction and funding new projects.
GS-III: Infrastructure (Roads); Investment Models; Government Budgeting.
General Awareness: Indian Economy; Government Schemes/Bodies.
General Awareness: Indian Economy; Financial Institutions; Current Affairs.
General Awareness: Indian Economy; Government Bodies; Current Affairs.
With reference to 'National Investment and Infrastructure Fund', which of the following statements is/are correct? 1. It is an organ of NITI Aayog. 2. It has a corpus of ₹4,00,000 crore at present. Select the correct answer using the code given below:
Answer: Neither 1 nor 2
With reference to 'IFC Masala Bonds', sometimes seen in the news, which of the statements given below is/are correct? 1. The International Finance Corporation, which offers these bonds, is an arm of the World Bank. 2. They are the rupee-denominated bonds and are a source of debt financing for the public and private sector. Select the correct answer using the code given below.
Answer: Both 1 and 2
With reference to 'Financial Stability and Development Council', consider the following statements: 1. It is an organ of NITI Aayog. 2. It is headed by the Union Finance Minister. 3. It monitors macroprudential supervision of the economy. Which of the statements given above is/are correct?
Answer: 2 and 3 only
Medium to High (Infrastructure and related financial aspects are frequently tested).
A statutory body responsible for the development, maintenance, and management of National Highways in India.
An organization that has no outstanding financial obligations or loans.
The 12-month period used by governments and businesses for accounting purposes (April 1 to March 31 in India).