Strong bounce back witnessed for toll road assets: ICRA


New Delhi, April 10 | India’s toll roads are likely to witness a 14-15 per cent growth in collections in FY22, ratings agency ICRA said in a report.

Accordingly, this growth will be achieved on a low base following an estimated de-growth of 5-7 per cent in FY21.

“Road traffic has witnessed a marked improvement in H2 FY2021 after subdued traffic witnessed in the initial months, post resumption of tolling from April 20, 2020. This has been driven by increased movement of both – passenger and commercial vehicles, resulting in growth of around 10 per cent on a YoY basis.”

“Overall, in 9M FY2021, the traffic shrinkage witnessed is 4.6 per cent as compared of 13 per cent de-growth in Gross Value Added (GVA) of construction, mining and manufacturing.”

“Freight movement has a strong correlation with the GVA of construction, mining and manufacturing, consequently toll collections closely mirrors the trends in GVA.”

According to the report, the movement of GVA and traffic growth has mostly followed similar growth trends, with exception of brief periods including demonetisation, implementation of GST and during revision of axle load norms.

“Adequate liquidity buffer in the form of debt service reserve and quick recovery post easing of lockdown restrictions have arrested major slippages in the credit profile of toll road assets,”

“The non-services GVA growth for FY2022 is estimated to be in the range of 9.5-10.5 per cent. Adjusted for the impact of lockdown in this growth; for FY2022, the traffic is expected to increase by 5-6 per cent with average toll rate revision of 3-4 per cent.”

In the past, the traffic witnessed a contraction in FY2014 owing to a slowdown in manufacturing and mining activity, following a ban on mining of several ores.

“With removal of the ban on iron-ore mining and pick-up in manufacturing activity, the median traffic growth improved to 4.9 per cent in FY2015 and thereafter to 8.5 per cent in FY2016.”

“However, a slowdown in the economic activity post de-monetisation period adversely affected the traffic during FY2017, resulting in subdued growth of traffic in FY2017 at 3.7 per cent.

It said the after-effects of demonetisation along with implementation of GST led to weak first half in FY2018, thereby limiting growth to 4.9 per cent.

Further, the slowdown in economy, coupled with impact of revision in axle-load norms has adversely hit vehicular traffic and growth remained subdued at 2 per cent in FY2019.

“Most of the stretches have witnessed a traffic slowdown during FY2020 with contraction of 3.8 per cent due to continued impact of revised axle norms in H1 FY2020, a general slowdown in the economy and the constrained vehicular movement in the run-up to the nationwide lockdown due to Covid-19 pandemic in Q4 FY2020.”

In addition, the report pointed out that many of BOT concessionaires have deferred periodic maintenance which was due in FY2021 on account of de-growth in traffic, lower toll collections due to Covid-19 pandemic and to preserve liquidity.

“Any significant delay in commencement of the periodic maintenance could affect the riding quality and also result in significant cost escalations which will adversely impact the cashflows.”

Source: IANS

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How to Apply Coconut Hair Oil : 5 Ways to Getting Nourished, Shiny Strands

How to Apply Coconut Hair Oil : 5 Ways to Getting Nourished, Shiny Strands

There are very few hair care ingredients that are as amazing and trusted as coconut oil. For centuries, coconut oil has been used as a hero ingredient and grandmothers of Indian households swear by it. The buttery, thick oil has managed to make quite an impression among the international fashionistas worried about the health of their hair as well.

Coconut oil brings to you an impressive resume of natural beauty advantages for both the scalp and hair.

If you haven’t yet discovered the wonderful benefits of coating your strands in coconut oil, you are probably wondering why this oil is considered a hair care mainstay. Keep reading to know how exactly coconut oil can nourish your hair and the best ways to apply it for brilliant results.

What is coconut hair oil good for?

How to Apply Coconut Hair Oil
How to Apply Coconut Hair Oil

Here, take a look at some of the reasons that make coconut oil reign supreme in the department of hair care.

  • The oil is super moisturizing for your hair strands. The low molecular weight of coconut oil allows it to easily penetrate the shaft of your hair and get absorbed quickly, much better than other oils.
  • The oil has a high moisture content naturally, and therefore, it is effective in conditioning and moisturizing the strands. The oil doesn’t just sit on top of it.
  • The oil will also help your hair to retain protein because it contains a specific type of fatty acid, known as lauric acid. Nick Stenson, a celebrity hairstylist and Matrix’s artistic director, says that strands hold to proteins better when they are coated in coconut hair oil.

If you need more reasons – coconut hair oil is affordable and found ubiquitously, and does not contain any chemicals.

How to apply coconut hair oil for maximum benefits?

The application of coconut oil to hair entirely depends on how you wish to use it. For instance, a deep conditioning hair mask needs a different application than a split end treatment or detangler.

You’ll find below 5 ways to apply coconut oil.

  1. As a treatment of the scalp

Are you interested in a tension-relieving, relaxing scalp massage? Sounds interesting, right? You can relieve your tensed scalp after a tough day of work by wetting the pads of your fingers with coconut oil. Apply the oil gently onto your scalp and massage it gently for a few minutes. This will help the coconut oil to moisturize your scalp and promote healthy hair growth. A relaxing scalp massage using coconut oil is going to make your hair follicles happy and this will result in speedier and also healthier hair growth.

The reason why scalp massages promote hair growth is because they encourage blood circulation. This helps in delivering your hair follicles all the essential nutrients and also oxygen.

  1. As a hair mask

Coconut oil for hair is known to work wonders when it comes to deep conditioning hair treatments. You can create a DIY at-home hair mask by melting a few tablespoons of the oil over low heat and then transferring the oil to a bowl. Section your hair to properly massage warm coconut oil into the roots of your hair and saturating your strands throughout the tips. After that, use a wide-toothed comb to run through your entire hair so that your hair detangles gently. Then, cover your hair with a warm towel or shower cap, and relax for ten to thirty minutes. You can use your regular or mild shampoo to wash out the oil. Make sure to rinse properly.

Remember not to sleep while you are relaxing. You need to wash out the oil to prevent any build-up.

  1. To define your curls more prominently

Coconut oil is a worthy styler and it can help you look your best. Even if you don’t have the right outfit for the day, your hair is surely going to make heads turn!

A lot of people are partial to wash-and-go or an air-dry. If you are one of them, you can slide the oil through the strands of your hair after taking a shower. The oil will help to define the pattern of your curl while also reducing frizz and moisturizing your hair.

If you want your curls to keep their spring, you can make use of coconut oil in between washes. Your curls will be replenished and have a beautiful shine.

  1. To prevent your hair from tangling or to detangle 

A physical barrier is required for all hair types before detangling the strands, especially for those who have more breakage-prone, drier hair. Coconut oil is a brilliant detangling hair care product that you can use to prevent your hair from breaking. You can apply warm oil or you can use a spray bottle to spritz oil on your hair before detangling.

  1. To treat split ends 

Honestly, you cannot mend split ends forever. There just isn’t a way. You can snip them from time to time, but you cannot say goodbye to them forever. Another way to manage your split end problem is by applying coconut hair oil products. The oil will help to seal the cuticle and make your hair look shinier, healthier, and also less brittle. You might even notice density to your strands, especially if you have been noticing that your hair is tapered toward the bottom and looking thin.

The takeaway

Do you think that your hair can benefit from the use of fatty-rich coconut hair oil? You can give it a try in any one of the 5 ways above. And if anybody was wondering, the oil can also be used straight up on your strands.

However, if you are allergic to coconut in general, you might want to stay away from using this oil. In such cases, applying the oil may result in causing irritation.


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