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

Railways learned a lesson from the stampede at New Delhi station, and successfully tested crowd control measures.

Railways on Saturday successfully tested crowd control measures at New Delhi Railway Station. Und

India-US Trade Deal: Talks on trade deal between India and America today, Trump sent his special 'envoy'

US President Donald Trump has imposed a 50 percent tariff on India. Discussions on a trade deal b

Vijay Deverakonda: 'I am not single'; Vijay confessed his relationship for the first time, there are dating rumours with Rashmika

South Industry's well-known actor Vijay Deverakonda is once again in the headlines for his person

Dharmendra Deol: 'Unforgivable...' After Esha, Hema narrates Dharmendra's health, lashes out at media.

Veteran actor Dharmendra is admitted to Breach Candy Hospital in Mumbai. Numerous reports have be

IND vs ENG: Mohammad Siraj's mistake cost India heavily, Harry Brook and Joe Root brought England closer to victory

On the strength of Harry Brook and Joe Root's centuries, England has brought their team closer to

Indians Deportation: 'Handcuffs and chains on feet...', a man from Nagpur tells the story of his deportation from America

Harpreet Singh Lalia, a resident of Nagpur in Maharashtra and one of the 104 Indians deported fro

Pollution in Delhi-NCR is out of control, with AQI exceeding 500 in many areas; GRAP-3 restrictions ineffective.

The air in Delhi-NCR has once again become a burden on people's breathing. Due to the drop in tem

IND vs ENG: There has been tough competition between India and England in the T20, The English team is ahead in terms of winning percentage

The five-match T20 series between India and England is scheduled to begin from January 22. Before

Haryana Election Result: 'Rahul Gandhi is a curse', what else did Acharya Pramod Krishnam say on Congress' defeat

Former Congress leader Acharya Pramod Krishnam has termed the victory of BJP in the Haryana assem

Ahmedabad ready to host Commonwealth Games 2030: How did India get the hosting rights, when did the whole story begin?

Hosting the 2036 Olympic Games has always been a long-term goal for the Indian government. Ahmeda