Nitin Gadkari, the Union's Minister of Roads, Transport and Highways, announced that the ministry plans to periodically issue bonds issued by the National Highways Infra Trust (NHAI InvIT) with interest rates as high as 8.5%.

Gadkari that the government had published the bond for the InvIT model on the stock exchange.

The government introduced the bond for the InvIT model on the Bombay Stock Exchange a year and a half ago. The bond was actually fixed for 10 days. But on the first day, it received seven times as many requests in just seven hours. In addition, we already pay an annual interest rate of 8.5% on our bond.

There is a plan whereby, even if they can only invest 10,000 yen in this bond, the government will deposit the interest into their account on a monthly basis.

Gakari stated that the interest rate on NHAI InvIT bonds is greater and that salaried individuals and pensioners can invest in them.

"We have no problems with foreign investment. Investment in India is highly desired by all foreign financial institutions," Gadkari added.

Infrastructure Investment Trusts (InvITs) are financial vehicles that follow the model of mutual funds. They were created to pool investor capital and invest in assets that will generate cash flows over time. Investments in toll roads or energy projects are made by InvITs.