This Report outlines the financing plan for a quantum augmentation of the national highway network in India. It responds to the direction of the Committee on Infrastructure, chaired by the Prime Minister, to initiate measures that would upgrade Indian highways to world class standards. The Committee has approved a programme for upgrading 40,000 km of national highways and construction of 1,000 km of new expressways. The programme includes six-laning of the Golden Quadrilateral and other selected sections which have high traffic density.

Since national highways constitute the lifeline of the transport network, and considering a projected GDP growth rate of 8 per cent plus, the scale and quality of these highways would be a critical factor in sustaining the growth momentum. The NHDP envisages a mammoth investment of US$ 50 billion on concessions/contracts to be awarded by 2012 and the financing plan demonstrates the feasibility of this approach.

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