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

Thailand and Cambodia agreed on an immediate, unconditional ceasefire; the war had been going on for 5 days.

A ceasefire has finally been declared on the conflict between Thailand and Cambodia that has been

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

Liquor policy scam: Today is the last day of Kejriwal's judicial custody, CBI's fourth charge sheet will also be heard

Today is the last day of judicial custody of Chief Minister Arvind Kejriwal in the CBI case relat

Yamuna Floods: Yamuna below danger mark in Delhi, water level is decreasing rapidly, but there is danger of diseases.

The Yamuna River in Delhi has reached below the danger mark of 205.33 meters. Due to this, the wa

Doctor's Day: PM Modi wishes on National Doctor's Day, Kharge also expressed gratitude to the doctors.

On the occasion of Doctors Day, Prime Minister Narendra Modi on Monday said that his government i

Why did Kejriwal leave the CM chair? Understand the strategy behind his resignation from these points; increased BJP's tension

Chief Minister Arvind Kejriwal has played a big gamble by announcing his resignation. By announci

Champions Trophy: Captain Rohit wants to experiment in every way before the Champions Trophy, said this after the victory

Skipper Rohit Sharma said on Thursday that the Indian team is not looking to achieve anything spe

SRK Death Threat: Faizan, the accused who threatened Shahrukh Khan, has been arrested, and will appear in court today

There has been a new twist in the case of death threats to Bollywood actor Shahrukh Khan. Taking

Acharya Satyendra Das: Chief priest of Shri Ram temple Satyendra Das passed away, body left for Ayodhya.

Acharya Satyendra Das, the chief priest of Shri Ram Janmabhoomi temple in Ayodhya, died on Wednes

'I will get married...' Shraddha Kapoor makes a big announcement! Breaks her silence on a fan's question.

Bollywood's 'Stree' (Shraddha Kapoor) has no shortage of admirers. Her social media following is

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