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

Maha Kumbh: 62.25 lakh people have taken an Amrit bath on Vasant Panchami so far, flowers were showered on the devotees from a helicopter

On the holy occasion of Basant Panchami, a sea of ​​faith thronged the Triveni Sangam on Mond

Operation Sindoor: PM Modi's visit to Norway, Croatia, and the Netherlands postponed; Decision was taken amid tension with Pakistan

Prime Minister Narendra Modi's visit to Norway, Croatia, and the Netherlands has been postponed.

Sonu Sood: Sonu Sood exposed Bollywood, and said- good acting is done at parties here

These days actor Sonu Sood is promoting his film 'Fateh'. In a recent interview with Mashbell Ind

Sam Pitroda: 'China is not our enemy', Congress leader Sam Pitroda in controversy again; BJP surrounds him

Congress's foreign unit chief Sam Pitroda has sparked a new controversy by making a claim. He sai

'₹2500 is a lie': 'Holi has arrived, when will the free cylinder come', AAP protested against BJP's promise.

Aam Aadmi Party (AAP) is continuously cornering the BJP government of Delhi over giving free cyli

'Which devotion, which philosophy', who was having problems with Premanand Maharaj's padayatra and why? Understand the whole matter.

Saint Premanand Maharaj will no longer give darshan to the devotees while doing padayatra at nigh

Mahakumbh: Ganga is getting contaminated with fecal coliform, know its ill effects? People returning from Kumbh are getting sick

The ongoing Maha Kumbh in Prayagraj has become a center of attraction for the whole world these d

RR vs PBKS: Captain Shreyas said- We want to win in every situation, Rajasthan coach Dravid said this after the defeat

A doubleheader was played in IPL 2025 on Sunday. In the first match, Punjab Kings won by 10 runs

Saif Ali Khan: How did the thief enter Saif's house, who helped him and what was the motive? Answers to these questions have not been found yet.

Saif Ali Khan was attacked by an intruder with a knife last night, following which the police are

Maharashtra: In preparations to stop love jihad and forced conversion, the Maharashtra government formed a high-level committee

The Maharashtra government has also started preparing to take action against love jihad and force

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