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

Jammu Terror Attack: Biggest attack on migrant laborers till date...fifth attack this year; TRF takes responsibility

Migrant workers in Kashmir are again the target of terrorists. This is the second terrorist attac

Saiyaara Box Office Collection: 'Khiladi Bhaiya' lost to Ahaan. Saiyaara is so far away from breaking Akshay's movie record.

The beginning of the year may have been slow for Hindi films, but now the box office is slowly ge

The first case of the HMPV virus, which is spreading rapidly in China, was found in India; an 8-month-old child was infected

After Corona in China, now HMPV Virus is creating panic. The virus is spreading rapidly, due to w

Sidhu-Gambhir Dance: 'Sauda Khara-Khara', coach Gambhir did Bhangra with Sidhu in celebration of victory.

India won the title by defeating New Zealand in the final of the Champions Trophy 2025. After thi

TCS Layoffs: After the announcement of layoffs, TCS shares fell by two percent. The company is laying off 12000 employees

Shares of Tata Consultancy Services (TCS) fell nearly two per cent on Monday. The company has sai

When and where will the second part of Stranger Things Season 5 be released? Note the release date and time.

Good news for Stranger Things fans! The wait is over. The much-awaited Season 5 has been released

IPL 2025 Auction: Father had sold his land to make Vaibhav a cricketer, now the son has made him proud in the auction

Vaibhav Suryavanshi was 10 years old at the time. His father, Sanjeev, had decided that he wanted

Guru Randhawa: After targeting Diljit Dosanjh without taking his name, singer Guru took this step; closing his account

Punjabi singer Guru Randhawa wrote a cryptic post targeting Diljit Dosanjh amid the 'Sardarji 3'

After meeting the President, the WB Governor said, "There is a reign of hooliganism in the state, and the Mamata government is on the back foot."

Amidst the devastation caused by devastating floods and landslides in North Bengal, and the deadl

In the Aravalli case, the Supreme Court stayed its own order and sought clarification from the government.

On Monday, the Supreme Court, while hearing the Aravalli case, stayed its own order from last mon