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

Maha Kumbh: 62.25 lakh people have taken an Amrit bath on Vasant Panchami so far, flowers were showered on the devotees from a helicopter

On the holy occasion of Basant Panchami, a sea of ​​faith thronged the Triveni Sangam on Mond

Dhankhar said- You cannot tolerate a farmer's son', Kharge retorted- I am also a laborer's son

There was a huge uproar in the Rajya Sabha on Friday (13 December 2024) over the no-confidence mo

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

Amit Shah's high-level meeting on the Delhi blasts continues, with the Union Home Secretary and IB chief also present.

The blast near the Red Fort last night has shaken all of Delhi. Union Home Minister Amit Shah has

Kolkata Doctor Murder: Voices were raised across the world regarding the Kolkata case, people took to the streets from New York to London

There is anger in the whole country over the incident of rape and murder of a female doctor in Ko

School Bomb Threat: Many schools in Delhi again received bomb threats, police and fire department reached the spot

Some schools in Delhi have received bomb threats this morning. Schools in South Delhi and North W

Katrina Kaif: Katrina announced her pregnancy, shared a picture with husband Vicky, wrote – the beginning of a new chapter

Bollywood actress Katrina Kaif announced her pregnancy on Tuesday. The actress shared a photo fro

Saif Ali Khan Attack: Shariful's father who attacked Saif gave a shocking statement, there will be a new twist in the case

A few days ago, the police arrested Shariful Islam (30 years old), the accused of attacking Saif

Nipah Virus causes panic like Corona, the number of guests in weddings limited and the opening of shops banned; 175 people in isolation

After the recent death of a 24-year-old youth from the Nipah virus in Kerala, the government has

Nikki murder case: CCTV and video made in Kanchan's phone will reveal the truth; the children will also tell what happened that day.

The police investigating the Nikki murder case in Greater Noida have seized the footage of CCTV c