Your next national highway toll might not go to the government! It could be going to a Canadian pension fund. Or a sovereign wealth fund in Singapore. Or even to you, if you invest in a new product that lets everyday folks own a slice of India’s highways. That’s because NHAI, the agency behind India’s road network, is trying something different. It’s low on funds, can’t borrow anymore, and still has thousands of kilometers of roads to build. So instead of taking on more debt, it’s started leasing out toll rights and bundling highways into financial products called InvITs, essentially turning roads into investable assets. It’s clever. It’s brought in a ton of money. And it’s helped NHAI reduce its massive debt pile. But it also makes you wonder: are we just plugging a short-term funding gap by giving up long-term revenue? Because once the best highways are monetised, what comes next? We unpack the full story in today's Finshots: https://tinyurl.com/NHAI-monetisation-roads