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

Pakistani Spy: Another Pakistani spy arrested from Nuh, evidence of betrayal found in phone; Big revelation from chatting

Haryana Police and Central Investigation Agencies have arrested Tarif son of Hanif, from the vill

Samay Raina's father is in Jammu, the stand-up comedian got emotional and said- 'My dad called me for the last time...'

After the Pahalgam terror attack, India attacked Pakistan, after which the Pak Army is continuous

IND vs ENG: 'There is no need to tamper with Test cricket..', Shubman said - the only format that gives you a second chance

Indian captain Shubman Gill has advised the ICC not to tamper with Test cricket. The Indian team

Decision on Vinesh Phogat's medal will be taken today, top lawyer Harish Salve, who defeated Pakistan in the Kulbhushan case, will fight the case

Vinesh Phogat Appeal A decision will be taken today on the medal of Indian female wrestler Vinesh

Oscars 2025: Aamir Khan's dream shattered, Kiran Rao's film Laapataa Ladies out of Oscars

While Aamir Khan is the Mr. Perfectionist of Bollywood on the one hand, on the other hand, his ex

Madrasas running with government aid will not be closed in UP! Supreme Court stays Yogi government's order.

The Supreme Court has stayed the order of the Yogi government, in which instructions were issued

'We will never let the country bow down...', India Champions star players said on boycotting the India vs Pakistan match.

The match between India and Pakistan in the semi-finals of the World Championship of Legends (WCL

'If I get a chance, I will destroy Pakistan, ' Colonel Sofia's father fought in the Bangladesh war, said this on Operation Sindoor.

India has avenged the terrorist attack in Pahalgam by carrying out air strikes at 9 places in Pak

Neha Singh Rathore's controversial statement on India's victory in the T20 World Cup, the Bhojpuri singer got angry at everyone from cricket lovers to players.

India has won the T20 World Cup after 17 years. From cricket lovers to the whole country, everyon

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