
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.
Haryana Police and Central Investigation Agencies have arrested Tarif son of Hanif, from the vill
After the Pahalgam terror attack, India attacked Pakistan, after which the Pak Army is continuous
Indian captain Shubman Gill has advised the ICC not to tamper with Test cricket. The Indian team
Vinesh Phogat Appeal A decision will be taken today on the medal of Indian female wrestler Vinesh
Oscars 2025: Aamir Khan's dream shattered, Kiran Rao's film Laapataa Ladies out of Oscars
While Aamir Khan is the Mr. Perfectionist of Bollywood on the one hand, on the other hand, his ex
The Supreme Court has stayed the order of the Yogi government, in which instructions were issued
The match between India and Pakistan in the semi-finals of the World Championship of Legends (WCL
India has avenged the terrorist attack in Pahalgam by carrying out air strikes at 9 places in Pak
India has won the T20 World Cup after 17 years. From cricket lovers to the whole country, everyon
One-third of doctors working night shifts in India, mostly women, feel unsafe. This has come to l