NHAI Sponsored Public InvIT ‘Raajmarg Infra Investment Trust’ Successfully Won the Concessions of Five National Highway Assets

• RIIT is a Public InvIT sponsored by the National Highways Authority of India (NHAI) under the Ministry of Road Transport & Highways (MoRTH) for monetising operational National Highway (NH) assets.
• It is the second NHAI-sponsored InvIT, distinct from the earlier National Highways Infra Trust (NHIT) which was a Private InvIT.
• Significant for UPSC because it operationalises the National Monetisation Pipeline (NMP) and brings retail investors into the highway-asset class.