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

Maha Kumbh: 13 thousand trains will run in 45 days... Tickets will be available without standing in line; trains will come from these long-distance cities

For the biggest gathering of faith Maha Kumbh, the railway will run 13 thousand trains in 45 days

West Bengal: 'Assembly elections should be held next year under President's rule', statement of Shubhendu Adhikari

Leader of Opposition in West Bengal Assembly Shubhendu Adhikari has demanded that next year's Ben

The Raja Saab Teaser Out: Is it a sin or Shah Rukh's love? A new twist of fear and fun in Prabhas' horror comedy

The teaser of Prabhas' upcoming film The Raja Sahab has been released and it has increased the im

IMA On Doctors Safety: '35% of doctors in India feel unsafe during night shifts', in most cases women

One-third of doctors working night shifts in India, mostly women, feel unsafe. This has come to l

IC-814 Hijack Real Story: What is the real story of the Kandahar hijack, how many wounds did the terrorists inflict on India after being released?

The recently released web series 'IC-814: The Kandahar Hijack' has been mired in controversies. A

Salman Khan forgot all the grievances and joined his ex-sister-in-law in her grief, reached Malaika Arora's father's house late at night

At present, the matter of the sudden death of actress Malaika Arora's father Anil Mehta is in the

SCO Summit: Three superpowers on one platform; PM Modi, Putin, and Jinping seen together, the world saw the most powerful picture

A very powerful picture emerged from the platform of the Shanghai Cooperation Organization (SCO)

Steven Smith Retirement: Steve Smith could not bear the pain of defeat against India, and suddenly said goodbye to the ODI

Australian team captain Steve Smith announced his retirement from ODI cricket. The Indian team de

'Canada's allegations are serious...', America came out in support of Trudeau government in Nijjar murder case; What did it demand from India?

India vs Canada issue Canada has made several allegations against India regarding the murder of K

Maratha Protest: From hunger strike to court order, the crowd did not go out of control due to police restraint; finally, the movement ended
Activist Manoj Jarange had reached Mumbai with thousands of supporters to demand Maratha reservati