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Raised Rs 8,361 cr from highway monetisation in FY22, Gadkari tells RS

This is about 64% of the targeted revenue of Rs 13,000 cr for the current financial year that comes to a close in two weeks

Nitin Gadkari
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Union Road Transport and Highways Minister Nitin Gadkari

Dhruvaksh Saha New Delhi
The Ministry of Road Transport and Highways has raised Rs 8,361 crore through monetisation of national highways so far this fiscal year, Union Minister Nitin Gadkari told the Rajya Sabha in a written reply on Wedn­esday. The amount is 64 per cent against the targeted revenue of Rs 13,000 crore for 2021-22, the minister said. The ministry had reportedly accelerated the pace of monetisation, with a target of monetising 21,700 km of national highways over the next three financial years.
 
The ministry primarily monetises national highways through the toll-operate-transfer (ToT) model, or through infrastructure investment trusts (InVits). Under ToT, the