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Electronic toll collection at national highways rebounds to March levels in June: Crisil Research

23 Jul 2020 Evaluate

Crisil Research in its latest report has said that electronic toll collection at national highways in June 2020 has rebounded to its March levels and touched 75 percent of February levels as economic activities across the country have started to pick up since the implementation of 'unlock'. It said construction across national highways is also picking up, however, it may decline by 10-13 percent in the current fiscal year (FY21) as compared to previous fiscal year.

The report has stated that for an idea of how hard the Coronavirus disease (COVID-19) pandemic had slammed the brakes, toll collection had dropped off the cliff from Rs 11 crore in February 2020 to just Rs 1 crore in April. It also said the lockdown due to coronavirus pandemic had virtually halted movement of people and goods in April and May, but curbs are being lifted slowly and the economy is beginning to crawl back.

According to the agency, national highway construction activities rebounded to 637 km in May from just 210 km in April. But key construction months were lost in the lockdown and labour migration continues to pinch. It added that normalcy might return only after the monsoon.

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