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.

1 Like 0 Dislike
Previous news Next news
Other news

UP Police Constable Exam Date: The UP Police Constable Recruitment Exam will be held in August, note the complete schedule from here.

It has been decided by the Uttar Pradesh Police Recruitment and Promotion Board to conduct the wr

Weather Alert: Chances of rain today in favorable monsoon conditions, relief from heat in Delhi-NCR, mercury below 40

Rains before the arrival of monsoon in the national capital have brought relief from the scorchin

Kartik Aaryan: Will Bhushan Kumar contact Mukesh Bhatt to get the title of 'Aashiqui 3'? Know about Kartik Aaryan's initiative.

Kartik Aaryan's horror comedy film 'Bhool Bhulaiyaa 3' has waved the flag of success at the box o

RJ Mahvash: Amid rumors of dating cricketer Yuzvendra, Mahvash was spotted with a rose in her hand, users reacted

After his divorce from choreographer Dhanashree, cricketer Yuzvendra Chahal was often seen with R

Bigg Boss 19 Eviction: After Zeeshan, a strong contestant, will be eliminated mid-week, the sword of nomination hangs over these 4

Only 14 contestants remain in the controversial reality show Bigg Boss Season 19. Zeeshan Quadri

Tamil Nadu: Uproar over 47 deaths due to poisonous liquor in Tamil Nadu, uproar inside and outside the assembly; heavy police force also deployed

The deaths due to the consumption of illegal country liquor in the Kallakurichi district of Tamil

Tejashwi Yadav: Lalu family resonates with joy; Tejashwi becomes a father again, and gives the good news to the RJD supremo through a video call

Amid the ongoing tussle over Tej Pratap Yadav, Rashtriya Janata Dal chief Lalu Prasad Yadav's hou

The Raja Saab has exploded at the worldwide box office, collecting so many crores in just 4 days.

Whether or not the audience understood the story of Prabhas's horror-comedy film 'The Raja Saab',

Covid-19: Epidemiologist's statement proved correct, active cases started decreasing; But still keep this thing in mind

Coronavirus infection cases have been a cause of concern in India for the last month. On Tuesday

How much loss will India suffer due to Trump's tariff policy? The government is doing the calculation.

Minister of State for Finance Pankaj Chaudhary said in the Lok Sabha on Monday that the governmen

Sign up to write
Sign up now if you have flare of writing..
Login   |   Register
Follow Us
Indyaspeak @ Facebook Indyaspeak @ Twitter Indyaspeak @ Pinterest RSS



Play Free Quiz and Win Cash