New Toll Tax System: Now tolls will be collected through this technology, and there will be no long jams! Gadkari told the whole planning

Posted on 26th Jun 2024 10:42 am by rohit kumar

Road Transport and Highways Minister Nitin Gadkari on Tuesday said that the Hybrid Annuity Model (HAM) for completion of highway construction can be made flexible and market-driven.

 

What did Nitin Gadkari say about contractors

 

At present, under the HAM model, the government provides 40 percent of the project cost to the developer to start work, while the rest of the investment has to be made by the developer. Gadkari said at a program here that I believe that infrastructure should be developed by contractors only.

 

"Even if the contractor is ready to invest more than 60 percent of the project cost under the HAM model, why should the government always pay 40 percent? It is necessary to complete the construction of the highway and these proposals should be market-driven. - Nitin Gadkari"

 

What did he say about increasing toll collection?

 

Gadkari also said that the total toll collection in the country will increase by at least Rs 10,000 crore when electronic toll collection based on the Global Navigation Satellite System (GNSS) is implemented.

 

The total toll collection in India was projected to grow 35 percent year-on-year to reach Rs 64,809.86 crore in FY 2023-24. Gadkari also suggested that state transport buses should be exempted from paying tolls on highways.

Other news

Liquor policy scam: Today is the last day of Kejriwal's judicial custody, CBI's fourth charge sheet will also be heard

Today is the last day of judicial custody of Chief Minister Arvind Kejriwal in the CBI case relat

Britain follows Donald Trump's path, 19 thousand illegal immigrants expelled from the country, and action taken against Indian restaurants too

Recently, America has taken action against illegal immigrants. In this episode, America sent back

'He's my type...' Esha Gupta broke her silence over her relationship with Hardik Pandya, said- we understood quickly

Hardik Pandya once appeared on the show Coffee with Karan with his friend KL Rahul. When this sho

'Will not bow down to nuclear blackmail, if need be...' India's strong reply to Asim Munir's threats; US also reprimanded

India has reacted very strongly to the way Pakistan's Army Chief General Asim Munir has threatene

Bahraich Violence: Mahsi is on the path of peace. Tension still prevails in Maharajganj; Entry into the town only after interrogation

After the violence that took place on Sunday and Monday during the idol immersion procession in B

Stranger Things 5: A massive war will break out on OTT platforms. Will Stranger Things 5 ​​stream in India in a few hours?

Season 5 of Stranger Things is set to release on an OTT platform soon. This most-awaited Hollywoo

Jagan Reddy wrote a letter to PM Modi on the Tirupati Prasad controversy, demanding to reprimand Naidu for spreading lies.

Amid the uproar over adulteration in Tirupati temple prasad, former Andhra Pradesh Chief Minister

Air India Tragedy: After the accident, rescue workers recovered 70 tolas of gold jewelry and Rs 50,000 cash from the debris; handed them over to the police

After the Ahmedabad plane crash, a huge amount of gold jewelry, and cash was also found during th

Bangladesh Unrest: ‘India cannot intervene, but it can offer advice’; Shashi Tharoor's blunt statement on the violence in Bangladesh.

Congress MP Shashi Tharoor has made important remarks on the lynching of a Hindu youth in Banglad

Pahalgam Attack: Film industry is scared of terrorist attack, Amrapali said- how long will we live in fear in our own country

On Tuesday, terrorists brutally killed tourists in Pahalgam, Jammu and Kashmir. The whole country