NHAI's Road Asset Monetization: TOT and InvIT Models

Imagine the government builds roads (like toys).

To pay for them and build more, they sell them to investors.

Two main ways: TOT and InvIT.

TOT is like selling the road directly.

InvIT is like putting multiple roads into a big box (a trust), making it easier for investors to buy a piece of all the roads together.

Both are good because they bring in money and let different investors participate.

The government wants both methods to keep working because they attract different groups of investors and help the building of more roads.