Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

                trigger_error($message, E_USER_WARNING);

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    <h1 class="cat-box-title">Demonetisation: NHAI to pay Rs 922 crore for toll loss -Dipak K Dash</h1>
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                            <div align="justify">-The Times of India<br /><br /><em>NEW DELHI: </em>The National Highways Authority of India (NHAI) will shell out Rs 922 crore to private highway operators for the toll revenue loss they incurred due to suspension of user charge collection from the afternoon of November 9 to the midnight of December 2.<br /><br />Toll collection was suspended across all national highways in the country following demonetisation of Rs 500 and Rs 1,000 currency notes on November 8. NHAI has moved a proposal to compensate private highway operators &quot;to boost the confidence of private investors&quot;, give &quot;immediate relief &quot; to already stressed developers and to provide a safeguard against bank loans becoming nonperforming assets.<br /><br />The proposal needs the nod of the Cabinet committee on economic affairs for the fund to be released. The NHAI proposal says that the compensation payment has arisen solely on account of the government decision. The highway authority has worked out the compensation based on the average daily collection in October.<br /><br />Though this works out to be Rs 1,212 crore for all the 317 toll plazas, revenue loss of projects on public-private partnership (PPP) is estimated around Rs 922 crore.<br /><br />&quot;The balance estimated loss of about Rs 290 crore is in respect of public funded/annuity projects, which vest in NHAI and for which the compensation amount does not have to be paid out,&quot; the highway authority says in its proposal.<br /><br />At present, the contract conditions for each project specify how interim compensation can be paid in case of such loss due to government decision and how the tolling period of a project can be extended.<br /><br />Please <a href="http://timesofindia.indiatimes.com/india/nhai-to-pay-rs-922-crore-for-toll-loss/articleshow/56228095.cms" title="http://timesofindia.indiatimes.com/india/nhai-to-pay-rs-922-crore-for-toll-loss/articleshow/56228095.cms">click here</a> to read more. <br /></div>                                                           
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    <br><a href="http://timesofindia.indiatimes.com/india/nhai-to-pay-rs-922-crore-for-toll-loss/articleshow/56228095.cms" class="re" target="_blank">The Times of India, 29 December, 2016, http://timesofindia.indiatimes.com/india/nhai-to-pay-rs-922-crore-for-toll-loss/articleshow/56228095.cms</a><div class="clear"></div>
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                            <div align="justify">-The Times of India<br /><br /><em>NEW DELHI: </em>The National Highways Authority of India (NHAI) will shell out Rs 922 crore to private highway operators for the toll revenue loss they incurred due to suspension of user charge collection from the afternoon of November 9 to the midnight of December 2.<br /><br />Toll collection was suspended across all national highways in the country following demonetisation of Rs 500 and Rs 1,000 currency notes on November 8. NHAI has moved a proposal to compensate private highway operators &quot;to boost the confidence of private investors&quot;, give &quot;immediate relief &quot; to already stressed developers and to provide a safeguard against bank loans becoming nonperforming assets.<br /><br />The proposal needs the nod of the Cabinet committee on economic affairs for the fund to be released. The NHAI proposal says that the compensation payment has arisen solely on account of the government decision. The highway authority has worked out the compensation based on the average daily collection in October.<br /><br />Though this works out to be Rs 1,212 crore for all the 317 toll plazas, revenue loss of projects on public-private partnership (PPP) is estimated around Rs 922 crore.<br /><br />&quot;The balance estimated loss of about Rs 290 crore is in respect of public funded/annuity projects, which vest in NHAI and for which the compensation amount does not have to be paid out,&quot; the highway authority says in its proposal.<br /><br />At present, the contract conditions for each project specify how interim compensation can be paid in case of such loss due to government decision and how the tolling period of a project can be extended.<br /><br />Please <a href="http://timesofindia.indiatimes.com/india/nhai-to-pay-rs-922-crore-for-toll-loss/articleshow/56228095.cms" title="http://timesofindia.indiatimes.com/india/nhai-to-pay-rs-922-crore-for-toll-loss/articleshow/56228095.cms">click here</a> to read more. <br /></div>                                                           
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-The Times of India

NEW DELHI: The National Highways Authority of India (NHAI) will shell out Rs 922 crore to private highway operators for the toll revenue loss they incurred due to suspension of user charge collection from the afternoon of..." />
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    <h1 class="cat-box-title">Demonetisation: NHAI to pay Rs 922 crore for toll loss -Dipak K Dash</h1>
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                            <div align="justify">-The Times of India<br /><br /><em>NEW DELHI: </em>The National Highways Authority of India (NHAI) will shell out Rs 922 crore to private highway operators for the toll revenue loss they incurred due to suspension of user charge collection from the afternoon of November 9 to the midnight of December 2.<br /><br />Toll collection was suspended across all national highways in the country following demonetisation of Rs 500 and Rs 1,000 currency notes on November 8. NHAI has moved a proposal to compensate private highway operators &quot;to boost the confidence of private investors&quot;, give &quot;immediate relief &quot; to already stressed developers and to provide a safeguard against bank loans becoming nonperforming assets.<br /><br />The proposal needs the nod of the Cabinet committee on economic affairs for the fund to be released. The NHAI proposal says that the compensation payment has arisen solely on account of the government decision. The highway authority has worked out the compensation based on the average daily collection in October.<br /><br />Though this works out to be Rs 1,212 crore for all the 317 toll plazas, revenue loss of projects on public-private partnership (PPP) is estimated around Rs 922 crore.<br /><br />&quot;The balance estimated loss of about Rs 290 crore is in respect of public funded/annuity projects, which vest in NHAI and for which the compensation amount does not have to be paid out,&quot; the highway authority says in its proposal.<br /><br />At present, the contract conditions for each project specify how interim compensation can be paid in case of such loss due to government decision and how the tolling period of a project can be extended.<br /><br />Please <a href="http://timesofindia.indiatimes.com/india/nhai-to-pay-rs-922-crore-for-toll-loss/articleshow/56228095.cms" title="http://timesofindia.indiatimes.com/india/nhai-to-pay-rs-922-crore-for-toll-loss/articleshow/56228095.cms">click here</a> to read more. <br /></div>                                                           
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    <br><a href="http://timesofindia.indiatimes.com/india/nhai-to-pay-rs-922-crore-for-toll-loss/articleshow/56228095.cms" class="re" target="_blank">The Times of India, 29 December, 2016, http://timesofindia.indiatimes.com/india/nhai-to-pay-rs-922-crore-for-toll-loss/articleshow/56228095.cms</a><div class="clear"></div>
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Demonetisation: NHAI to pay Rs 922 crore for toll loss -Dipak K Dash

Published on Dec 29, 2016   Modified on Dec 29, 2016

-The Times of India NEW DELHI: The National Highways Authority of India (NHAI) will shell out Rs 922 crore to private highway operators for the toll revenue loss they incurred due to suspension of user charge collection from the afternoon of November 9 to the midnight of December 2. Toll collection was suspended across all national highways in the country following demonetisation of Rs 500 and Rs 1,000 currency notes on November 8. NHAI has moved a proposal to compensate private highway operators "to boost the confidence of private investors", give "immediate relief " to already stressed developers and to provide a safeguard against bank loans becoming nonperforming assets. The proposal needs the nod of the Cabinet committee on economic affairs for the fund to be released. The NHAI proposal says that the compensation payment has arisen solely on account of the government decision. The highway authority has worked out the compensation based on the average daily collection in October. Though this works out to be Rs 1,212 crore for all the 317 toll plazas, revenue loss of projects on public-private partnership (PPP) is estimated around Rs 922 crore. "The balance estimated loss of about Rs 290 crore is in respect of public funded/annuity projects, which vest in NHAI and for which the compensation amount does not have to be paid out," the highway authority says in its proposal. At present, the contract conditions for each project specify how interim compensation can be paid in case of such loss due to government decision and how the tolling period of a project can be extended. Please click here to read more.

The Times of India, 29 December, 2016, http://timesofindia.indiatimes.com/india/nhai-to-pay-rs-922-crore-for-toll-loss/articleshow/56228095.cms

Tagged with: cash crunch cash deficit Cash shortage Currency demonetisation Demonetisation National Highways Authority of India (NHAI) Toll Charges Toll Revenue

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