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

Abu Azmi: Big action against Abu Azmi, suspended from the assembly in the matter of comment related to Aurangzeb

Major action has been taken against Samajwadi Party MLA Abu Azmi in Maharashtra. He has been susp

PM Modi, Amit Shah, 1000 Ladki Bahan..., guest list of Devendra Fadnavis' oath ceremony revealed, know who all will be included

Maharashtra Governor C.P. Radhakrishnan has invited senior BJP leader Devendra Fadnavis to form t

Corona Vaccine: Dr. Randeep Guleria said- Irregular lifestyle, not the Covid vaccine, is the reason for increasing cases of heart attack

A joint study by the Indian Council of Medical Research (ICMR) and the All India Institute of Med

B. Saroja Devi: Karnataka CM said- last rites will be performed with state honours, praised the personality of Saroja Devi

Karnataka Chief Minister Siddaramaiah shared a tweet on Monday on the death of B. Saroja Devi, ex

After defeat in Delhi, Kejriwal in action regarding Punjab, asked MLAs to reach Delhi urgently.

After the Delhi election results, Aam Aadmi Party (AAP) supremo Arvind Kejriwal has focused on Pu

India vs Sri Lanka: 'Sixer King' Rinku Singh is ready to make a splash in Sri Lanka; called his parents and said - something good will happen

IPL star and Sixer King Rinku Singh is ready to rock the series starting in Sri Lanka with his ba

The boycott of Turkey and Azerbaijan is gaining momentum in India, and 30 percent of Indian tourists have cancelled their bookings.

The campaign to boycott Turkey and Azerbaijan for supporting Pakistan during Operation Sindoor is

Huma Qureshi's cousin brother was murdered in Delhi, and you will also be surprised to know the reason.

A shocking incident took place in Delhi's Nizamuddin area on Thursday night. The entire dispute a

Operation Sindoor: Pakistan was eyeing the mock drill, then India carried out Operation Sindoor; Know everything about this

India took revenge for the sindoor that was wiped off from the foreheads of Indian women by Pakis

Dead Economy Row: Rahul got into trouble for supporting Trump's comment on the Indian economy; his party showed him the mirror

Apart from tariffs, US President Donald Trump is also in the news for his comments on India's eco