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

'Parliament is supreme, no one is above it...', Jagdeep Dhankhar's big statement amid Nishikant Dubey controversy

Amid BJP MP Nishikant Dubey's controversial remarks on the Supreme Court, Vice President Jagdeep

Meeting of AAP MLAs of Punjab in Delhi: Arvind Kejriwal will give Gurumantra, all said in one voice- this is a routine meeting

After the crushing defeat of Aam Aadmi Party in Delhi, the direction of Punjab politics has start

NEET-UG 2024: 'The leak case is limited only to Patna and Hazaribagh,' SC said - this is not a systematic failure

The Supreme Court today (August 2) gave a detailed verdict on the NEET UG case. The court said th

Corona: Active cases of corona increased 20 times in the country in 15 days, the figure crossed 5000, and four deaths also occurred in 24 hours

Active cases of corona in the country have crossed 5000. On May 22, this figure was 275. In such

Champions Trophy: 'Bapu...', Kohli touched Akshar's feet after defeating New Zealand! You will laugh after watching the video.

India defeated New Zealand and qualified for the semi-finals by topping their group. Batting firs

Opposition ready to support the government for the post of Lok Sabha Speaker, but put forward this condition; Rahul Gandhi told the inside story

The opposition has agreed to support the government for the post of Lok Sabha Speaker. Congress M

Muslim employees got this exemption in Andhra Pradesh, uproar erupted in Telangana.

After the Congress-led Telangana government, the Telugu Desam Party (TDP)-led NDA government in A

Yamuna Floods: Flood risk in these areas of Delhi! Water rising rapidly from Haryana; Alert for 48 to 72 hours

The water level in the Yamuna river is rising rapidly. In view of which the risk of floods in Del

Amitabh Bachchan: Big B expressed happiness on India becoming the fourth largest economy, saluted the Agniveers

Bollywood superstar Amitabh Bachchan is very active on social media. Now Big B has praised India

Paatal Lok 2 Trailer: 'Paatal Lok' permanent resident is back, suspense-filled explosive trailer released

The trailer of Jaideep Ahlawat's most awaited series 'Paatal Lok 2' has been released. This time

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