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

Delhi CM: Atishi did not sit on Kejriwal's chair, as soon as she took over as Chief Minister, she said - your place is vacant, I will wait

Delhi's new CM Atishi took charge as Chief Minister on Monday. During this, she said that the cha

Bigg Boss 19: Ashnoor's father clarifies 'body-shaming' advantage statement, blames Bigg Boss makers!

Before the finale, who can tell better than their family about which contestant is playing a toug

Trade War: 'Nothing surprising', Foreign Minister jaishankar's reaction on Trump's tariff threat

US President Donald Trump (Trump Tariff Plan) has announced that he will impose reciprocal tariff

Raja Saab New Release Date: Prabhas' horror comedy film Raja Saab's new release date is out, the teaser will come on this day

After the success of Kalki 2898 AD, Prabhas is away from the limelight, but there is a lot of dis

PM Modi In Mauritius: PM Modi received a grand welcome in Mauritius, Navin Ramgoolam hugged him; a Guard of Honor was given.

Prime Minister Narendra Modi arrived in Mauritius on Tuesday on a two-day state visit. PM Modi wa

Twisted the hand and dragged by the hair... Chaos in Delhi University, students clash over serving non-veg on Mahashivratri

On Wednesday, a dispute broke out at the South Asian University (SAU) in Delhi over serving veget

Panchayat 4 Reaction: ‘Some wins hurt more than losses’, fans said after watching Panchayat season 4 – ‘This is not just a show…’

People's wait is over and the most awaited show of the year 'Panchayat Season 4' has now been rel

Maharashtra Polls: PM Modi will raise the election temperature by holding nine rallies in a week; Public meetings in Nashik-Dhule today

The election fever is rising with each passing day for the Maharashtra assembly elections. Leader

Bangladesh violence: Hatred is not decreasing in Bangladesh, now BNP leader burnt his wife's saree in protest against India

A controversial incident has come to light amid increasing cases of atrocities on minority Hindus

Manoj Kumar: 'A symbol of Indian cinema, patriotism was reflected in his films', PM Modi on the demise of Manoj Kumar

Actor and film director Manoj Kumar died at the age of 87 at Kokilaben Dhirubhai Ambani Hospital.

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