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

Urfi: 'No matter what I do..I will only get hate', Urfi shared screenshots full of abuses, celebs gave strength

Urfi Javed has been in the news recently for the show 'The Traitors', in this show, she played a

Budget 2024: 'Pakoda in the plate of only two states' Congress President Kharge targeted the Modi government over the general budget

The general budget is being discussed in the Rajya Sabha today. However, opposition leaders belie

Ayodhya Ram Mandir: New priests assigned duty, use of smartphones banned; dress code will also be implemented

New priests have been put on duty in Ram Mandir. Many tough rules have also been made for the pri

Who is Jemimah Rodrigues? Read her emotional journey from 'Baby' to becoming the backbone of the Indian middle order.

In the second semi-final of the Women's ODI World Cup 2025, the Indian women's cricket team playe

'China has occupied Indian land, how do you know?'; Supreme Court's harsh comment on Rahul Gandhi

The Supreme Court has strongly reprimanded the Leader of the Opposition, Rahul Gandhi, for commen

A huge fire broke out on the set of Anupamaa, the tent area was burnt to ashes, and shooting was to take place after 2 hours.

There have been reports of a massive fire on the set of the popular television serial Anupamaa. T

Jammu Kashmir: 'Make democracy stronger by voting', PM Modi's special appeal to the youth regarding the first phase of voting

The first phase of voting is being held in Jammu and Kashmir today. Assembly elections are being

Did Trump threaten not to trade for a ceasefire? India rejects the US President's statement

A ceasefire has been declared between India and Pakistan. A ceasefire was agreed between the two

Delhi-NCR Weather Update: Storm will blow... lightning will thunder, possibility of rain in NCR; weather will remain like this for a week

The people of Delhi-NCR have been getting relief from the humid heat for the last three days. The

Delhi Blast: An MBBS student from North Dinajpur, Bengal, was arrested in connection with the blast near Red Fort. NIA interrogating him

The NIA has intensified its investigation into the recent blast near the Red Fort in Delhi. As pa