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

Mahesh Babu is in deep trouble in a money laundering case, ED sends a summons to appear in office.

South superstar Mahesh Babu (Mahesh Babu ED summon), who is also the husband of Bollywood actress

Tamannaah Bhatia's statement caused her relationship with Vijay Varma to break? A hint of breakup from Instagram

Actress Tamannaah Bhatia and actor Vijay Verma were dating each other for a long time. Both were

Strong opposition from Mamata government: Sharp reaction to UGC draft rule, made these allegations against the central government

On Thursday, the last day of the first phase of the budget session in the Bengal Assembly, Educat

Lok Sabha: 'Pro tem speaker has never been an issue even in history', said Rijiju before the first session of the 18th Lok Sabha

The first session of the 18th Lok Sabha is starting from today. President Draupadi Murmu administ

Raja Raghuvanshi Murder Case: Raja's mother accuses Sonam Raghuvanshi's family of practicing black magic

After Raja's body was found in Shillong on June 2, his family never expressed any doubt about Son

Mahakumbh 2025: Other religious places in UP also became lively due to Maha Kumbh, 26 lakh devotees gathered in three days

Devotees from the country and abroad arriving at Prayagraj Maha Kumbh are also flocking to other

Who was the 17-year-old Pakistani TikToker Sana Yousaf who was shot dead? She had made her last post 22 hours ago.

Sana Yousaf, who was entertaining fans by continuously sharing reels and videos on social media t

PM Modi: 'We have completed 10 years, 20 are still left; you will be very happy with this prediction', PM Modi took a jibe

Prime Minister Narendra Modi addressed the Rajya Sabha on Wednesday with a motion of thanks on th

Baba Siddiqui murder case: 'They used to talk to the conspirators by taking hotspots from the laborers', big revelation by accused Akashdeep

Akashdeep Gill, who was arrested from Punjab in connection with the murder of NCP leader Baba Sid

Simi Grewal trolled for defending Abhishek Bachchan amid news of divorce from Aishwarya, deleted the post.

Abhishek Bachchan is in the headlines these days for his personal life. If reports are to be beli