 "Will not borrow if government allocation is increased: NHAI chairman")
The National Highways Authority of India (NHAI) Chairman N N Sinha on Wednesday said that the authority would not go in for borrowing if the government increased its allocation to the road sector.
"If more budgetary resources are released, which authority would prefer mobilising funds from the market, " Sinha said at a CII event here.
He was responding to media reports on the financial stress being faced by NHAI in the last couple of weeks.
On the issue of Rs 3 trillion contingent liability of NHAI, as suggested by some media reports, Sinha said, "Either people don't understand what
