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

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

Economic Survey: One in two college pass out youth does not have the required qualification for employment, survey reveals

According to the Economic Survey, 65 percent of India's fast-growing population is under the age

Maharashtra: Controversy over Uddhav Thackeray's bag check, BJP hits back by sharing video of Fadnavis' check

A day after the controversy started over the bag check of Shiv Sena (UBT) chief Uddhav Thackeray,

'Don't block my way...', Virat Kohli got very angry at the fans, anger was visible in his eyes, knowing where the matter is

Virat Kohli is a celebrity in this country whom everyone wants to meet. As soon as his fans see h

'Names of shops should be written in the Tamil language', why did Puducherry CM Rangasamy take this decision?

Amid the controversy over the Tamil language, Puducherry Chief Minister N Rangasamy has issued an

Delhi Election 2025: Congress's electoral hopes in Delhi rest on Rahul Gandhi, who will hold a rally in Seelampur today

The hopes of the Congress, which is making every effort to make the Delhi Assembly elections (Del

Maha Kumbh 2025: Dip of faith, flood of devotees... Devotees gathered in Maha Kumbh, and amazing pictures from the Sangam coast

The divine and grand Maha Kumbh Mela has begun in the Sangam city of UP. The Maha Kumbh, which wi

Paatal Lok 2: How did you feel playing the role of Hathiram Chaudhary, Jaideep Ahlawat revealed many secrets of Paatal Lok 2

Paatal Lok is one of the most loved crime thriller web series on Amazon Prime Video. The second p

Delhi High Court Bomb Threat: An email with a bomb threat was received in Delhi High Court, causing panic; the premises were evacuated.

The Delhi High Court received a bomb threat via email on Friday. As soon as the email was receive

MI vs CSK: Mumbai's second biggest win in terms of wickets, Rohit-Suryakumar made the biggest partnership for MI.

With the help of a brilliant partnership between Suryakumar Yadav and Rohit Sharma, Mumbai Indian