Government Bets on Toll Operate Transfer Model To Monetise Highways, Know What It Is Here

Under Asset Monetisation Programme, Government aims to generate Rs 85,000 crore from the highways sector alone by 2024-25.

Aiming to generate funds to propel the economy, the Centre plans to monetise several of its big-ticket infrastructure across sectors in the next five years under its Asset Monetisation Programme. Under this, it aims to generate Rs 85,000 crore from the highways sector alone by 2024-25. While around Rs 10,250 crore worth of highways were to be monetised in 2020-21 (though the target could not be achieved), in 2021-22 the Government plans to monetise Rs 10,000 crore of highways. Similarly, the target for 2022-23 is Rs 20,000 crore, for 2023-24 the aim is to generate Rs 20,000 crore by monetisation, while for 2024-25 the objective is to generate Rs 24,750 crore through monetising highways. In 2020-21 till January 31, 2021, the Ministry of Road Transport and Highways had managed to monetise 566 km of roads worth Rs 5,011 crore through the ToT route. Highways under this plan, are to be monetised through the Toll Operate Transfer (ToT) or the Infrastructure Investment Trusts or InvIT route.