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

Festival Special Trains: 992 special trains will be run during Kumbh Mela, The Railway Minister held a review meeting

The Railway Ministry is working towards running a large number of special trains for the Kumbh Me

'Ahaan Chapri Hai...' Mohit Suri said a big thing about the Saiyyara actor, said - 'He deleted all the videos'

Ahaan Pandey won everyone's heart after debuting in Mohit Suri's film Saiyaara. After the movie,

ECI Voter List Bihar: Whose use is the list of 65 lakh voters removed? Claims and objections unaffected in special intensive revision

The Election Commission of India, which is busy preparing for the Bihar assembly elections, is on

SC to hear Krishna Janmabhoomi-Shahi Idgah dispute today, Shahi Masjid Idgah Management Trust Committee has filed a petition.

The Supreme Court will hear many important cases on Tuesday including the bulldozer campaign, Sri

Sikandar: Muslim activists demanded a boycott of 'Sikandar', and director AR Murugadoss became the reason for this!

Salman Khan's 'Sikandar' released on March 30, which received mostly negative reactions from crit

CT 2025: ICC can put these two proposals in front of the board members in the meeting, one there is a possibility of a final in Pakistan

The ICC and all its member countries will hold a virtual meeting on Friday to discuss the dates a

'Today's youth are not slaves', Nepal's celebrities warned the government; said- 'Ignoring Zen-G will be dangerous'

Nepal's prominent personalities have warned the government and political parties not to underesti

Manmohan Singh: Goodbye Manmohan Singh! A phone call that changed the country and the life of the former PM; the story is from 1991

Former Prime Minister of the country Manmohan Singh died on the night of 26 December at around 10

IND vs ENG: When will the India-England mixed disability T20 series begin? Note down the complete schedule.

The five-match mixed disability T20 series between India and England will be played from January

BJP Vs Congress: Union Minister Scindia hits back at Kharge, says India's buffering era with Congress is over

Union Communications Minister Jyotiraditya Scindia hit back at Congress President Mallikarjun Kha