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

In this district of UP, 60 percent of the properties registered illegally in the name of Waqf are in danger, action will be taken!

After the Waqf Amendment Bill was passed by a majority in the Lok Sabha, various discussions have

Anunay Sood's girlfriend wrote an emotional message, saying, 'This is not true...'

Popular travel influencer Anunay Sood has passed away at the age of 32. The cause of his death ha

Chhath 2025: The festival of Chhath is desolate without Sharda Sinha, 'Bihar Kokila', who became immortal by singing her last song!

The great festival of faith, Chhath, is currently being celebrated across the country. The excite

Hanumankind: Viral rapper Hanumankind performed in the program 'Modi and US', and will also be seen in films

Rapper Hanumankind has become quite popular in India and other countries these days. A few weeks

Navratri 2024: Bollywood stars immersed in devotion, wished fans Happy Navratri on social media

Sharadiya Navratri has started from today i.e. 3rd October. In such a situation, the big stars of

Ajit Pawar: 'I respect all officers...', said Ajit Pawar after the video of reprimanding a female IPS officer went viral

Maharashtra Deputy CM Ajit Pawar has posted on social media regarding the incident. A video of wh

PM Modi: PM Modi gets 21st international award; yesterday Mauritius announced to give him the country's highest honor

Mauritius Prime Minister Navinchandra Ramgoolam announced on Tuesday that Prime Minister Narendra

PM Modi will attend the post-budget webinar, and industrial, trade, and energy strategies will be discussed.

Prime Minister Narendra Modi will participate in three post-budget webinars through video confere

Be it Bangladeshi or Rohingya... now there is no mercy for intruders! Modi government is going to make a new immigration law.

The Union Home Ministry on Tuesday introduced the Immigration and Foreigners Bill in the Lok Sabh

Bharat Bandh: The effect of Bharat Bandh was seen in West Bengal and Odisha, where seven protesters were detained

The impact of the Bharat Bandh, called by trade unions and farmers' organizations, is being seen

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