
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.
Iran can attack Israel Iran is furious after the killing of Hamas leader Ismail Haniyeh. Iran has
24 hours ultimatum to Nayanthara and Netflix, Dhanush said- 'Remove the content, or pay 10 crores'
South superstar Nayanthara is in the headlines these days. Her documentary Nayanthara: Beyond the
PM Modi praised Congress leader Kamaraj; said, 'He is an inspiration for all of us'
Prime Minister Narendra Modi today paid tribute to the great hero of the freedom struggle and for
Due to heavy rains, India's financial capital Mumbai came to a standstill on Saturday. It has bee
Congress MP and Leader of Opposition in Lok Sabha Rahul Gandhi's US visit is getting mired in con
Uttar Pradesh Chief Minister Yogi Adityanath on Thursday (December 5, 2024) said on the situation
Donald Trump: 'This will not affect foreign language films,' says PGOI president on Trump's decision
US President Donald Trump recently announced a 100% tariff on films produced outside the U.S. In
On 22 April 2025, there was a terrorist attack in Pahalgam in which about 26 people were killed.
Former principal Sandip Ghosh's troubles are increasing after he resigned soon after the rape and
The film I Want to Talk may not be doing well at the box office, but Abhishek's acting as an acto