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

Nikki Murder Case: 'If he had been shot in the chest, it would have given some relief to my heart', father's plea to CM Yogi- bulldozers should be run on the accused's house

Anyone who heard about the Nikki murder case in the Greater Noida (Gautam Buddha Nagar) district

Why did Donald Trump say, 'We could destroy the world 150 times'?

US President Donald Trump has made a sensational statement. In an interview, he said that the wor

Salman Khan: Salman Khan's security increased, and bulletproof glass installed on Galaxy's balcony, know the full update

Salman Khan's security has been given top priority amid threats from the Lawrence Bishnoi gang in

Maha Kumbh 2025: Akhilesh Yadav raised the issue of Maha Kumbh accident in Lok Sabha, asked- why are the figures being hidden?

Samajwadi Party (SP) president Akhilesh Yadav raised the issue of Maha Kumbh tragedy in the Lok S

Gautam Gambhir: 'ISIS Kashmir' threatens to kill Indian coach Gautam Gambhir, complains to Delhi Police.

Indian cricket team head coach and former BJP MP Gautam Gambhir have received a death threat from

Sonam's brother Govind reached Raja Raghuvanshi's house and said- 'I will fight the case against my sister myself'

Sonam Raghuvanshi's brother Govind Raghuvanshi returned and went straight to Raja Raghuvanshi's h

Rahul Gandhi vs BJP: 'All you do is shout Constitution, Constitution, all the bombs will fall', BJP hits back at Rahul Gandhi

The BJP hit back at Rahul Gandhi's renewed allegations of vote theft. The BJP said Rahul Gandhi k

'The picture is yet to be completed...', after Operation Sindoor, the former army chief increased the suspense; Pakistan in tension.

In response to the terrorist attack in Pahalgam on April 22, the Indian Army took military action

Vidaamuyarchi: Powerful teaser of 'Vidaamuyarchi' released, fans will get a double dose of action and thrill

Ajith Kumar's much-awaited film 'Vidaamuyarchy' is now in the final stages of post-production. Me

Waqf Bill: Last working day of the first phase of the budget session of Parliament; the JPC report will be tabled in both houses

Today is the last working day of the first phase of the current budget session of Parliament. Dur