Bond issue: NHAI may offer higher interest to physically challenged, women

The report claims that NHAI is planning to raise Rs 5,000 crore for the Bharatmala programme

Bharatmala project
Bharatmala is the second-largest highways project of NHAI
BS Web Team
Last Updated : Dec 08 2017 | 1:35 PM IST
The National Highways Authority of India (NHAI) may offer higher interest rate to physically challenged in its next bond issue, according to the Times of India.

Senior citizens, ex-servicemen, women and widowers could also be among the class of retail investors who will get the benefit.

The report claims that NHAI is planning to raise Rs 5,000 crore for the Bharatmala programme over the next three months.

The government had in October approved a mega plan to build 83,677 km of highways over the next five years at a cost of about Rs 7 lakh crore under the Bharatmala programme.

The ToI cited officials saying that the proposal has been discussed with representatives from the Ministry of Finance and the Ministry of Roads and Highways.

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Next Story