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 Pollution: 'Toxic' air in Delhi, AQI crosses 400, severe level of air pollution in NCR

The air pollution situation in the capital, Delhi, remains extremely worrying. According to the C

Bangladeshi government declared ISKCON a fundamentalist religious organization, a petition filed for the ban, know 10 big latest updates.

After the arrest of ISKCON saint Chinmay Krishna Das, there have been continuous protests in Bang

Preity Zinta: Preity Zinta gave a befitting reply to Virat Kohli, the user said- 'Stay within your limits, it's getting too much...'

For the last few days, Bollywood actress Preity Zinta has been active on social media. In a tweet

IPL 2025: This Delhi Capitals player violated the code of conduct, and BCCI imposed a heavy fine

Mumbai Indians defeated Delhi Capitals on Wednesday in IPL 2025 to confirm their place in the pla

PM Modi: 'There is a conspiracy to divide the society, it is necessary to stop it', Modi on the 200th anniversary of Shri Swaminarayan Temple

Prime Minister Narendra Modi participated in the 200th anniversary celebrations of Shri Swaminara

Ashutosh Sharma: Ashutosh dedicated the Player of the Match award to this Indian legend, and also talked on a video call

In a thrilling match of IPL 2025, Delhi Capitals won a dramatic one-wicket victory over Lucknow S

Devotees thronged to Haridwar on Makar Sankranti, taking a dip in the Ganges River amidst the biting cold.Devotees thronged to Haridwar on Makar Sankranti, taking a dip in the Ganges River amidst the biting cold.

In the holy city of Haridwar, a sea of ​​devotion surged today on the auspicious occasion of

Supreme Court: 'Rohingya children will be able to get admission in government schools', Supreme Court gave important instructions

The country's top court made a big comment on Friday. While hearing a PIL, the Supreme Court dire

Congress vs BJP: Congress cornered the government on issues ranging from MGNREGA to pollution; Priyanka Gandhi asked a pointed question, and Jairam Ramesh criticized the government over GRAP.

The Congress party has attacked the government on a range of issues, from renaming MGNREGA to the

Five Pak Army officers attended the funeral of terrorists killed in Operation Sindoor, Indian Army revealed their names.

Exactly on the 15th day after the Pahalgam attack, India carried out Operation Sindoor and killed

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