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'Govt collected Rs 1.44 trn toll at highway plazas under PPP since 2000'

Business Standard LogoBusiness Standard8h ago

'Govt collected Rs 1.44 trn toll at highway plazas under PPP since 2000' - Business Standard

Quick Summary:

In a written reply to a question in the Lok Sabha, road transport and highways minister Nitin Gadkari said all user fee plazas on National Highways are established as per the provision of National Highways Fee (Determination of Rates and Collection) Rules, 2008 and the respective Concession Agreement."Amount of 1.44 lakh crore rupees have been collected as user fee at fee plazas presently operational under Public Private Partnerships (PPP) model on National Highways since December, 2000," he said.

The government has collected Rs 1.44 lakh crore as toll tax at fee plazas presently operational under Public Private Partnerships (PPP) model on National Highways since December 2000, Parliament was informed on Thursday.

Replying to a separate question, Gadkari said the government has initiated the implementation of barrier-free tolling using available technology based electronic toll collection (ETC) system as an added facility along with FASTag.


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Article Details

Category: BusinessFinance

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Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-28 @ 16:27:23 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 339 words

Reading Time: 2 minutes read

Sentences: 11 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23917925

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Official Website: business-standard.com

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