The National Highways Authority of India (NHAI) will monetise at least 12 highway stretches before 2024 to raise more resources, Finance Minister Nirmala Sitharaman said on Saturday.
These stretches comprise of over 6,000 km of highways.
"I propose to monetise at least twelve lots of highway bundles of over 6,000 km before 2024," Sitharaman said in her speech while tabling the Union Budget 2020-21.
On electronic toll collection through FASTags, she said the "mechanism encourages us towards greater commercialisation of our highways so that NHAI can raise more resources."
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