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

Puri Stampede: 147 people recorded their statements in the Puri stampede case. The investigation committee will submit its report on July 30

The investigation committee has recorded the statements of 147 people in the stampede case during

In preparations for action against terrorists, PM Modi reached Delhi; and held a meeting with officials at the airport itself.

After the painful terrorist attack in Pahalgam, Jammu and Kashmir, Prime Minister Narendra Modi c

Manmohan Singh Death: Bollywood mourns, from Diljit to Ayushmann Khurrana these stars paid tribute

Bollywood stars have also paid tribute to the death of former Prime Minister of India Manmohan Si

AUS vs WI: West Indies team bowled out for 27 runs in reply to 204 runs, Kangaroos win by 176 runs in the third Test

Australia has created history in Kingston, Jamaica. They bowled out West Indies' second innings f

Ratan Tata Successor: Who will be the successor of Padma Vibhushan Ratan Tata, who will handle the empire of 3800 crores

Veteran industrialist and honorary head of Tata Sons Padma Vibhushan Ratan Tata passed away on We

Paris Olympics: Indian hockey team faces a tough challenge from Belgium, Team India has already confirmed its place in the last-8

The Indian hockey team has secured entry into the quarter-finals with two wins in the first three

MK Stalin: 'Yogi Adityanath wants to lecture us on hatred, this is comedy', Stalin targets UP CM

Tamil Nadu Chief Minister MK Stalin has attacked Uttar Pradesh CM Yogi Adityanath, expressing str

They Call Him OG: From tears to fireworks outside the theater, fans celebrated seeing OG;

Power Star Pawan Kalyan's new film, "They Call Him OG," was released in theaters today. Fans were

A mock drill will be conducted at five places in every district of Delhi, time has been fixed for each area.

On Wednesday evening, mock drills will be held at five places in every district of Delhi. War sir

GT vs RR: First Riyan Parag and now Sanju Samson, Rajasthan Royals repeated the same mistake; BCCI punished the entire team

Many cases of slow overrate are coming to the fore in IPL 2025. In the latest case, Rajasthan Roy