Monday, December 23, 2024
Advertisement
  1. You Are At:
  2. News
  3. Politics
  4. National
  5. Govt to scrap 125 toll plazas by month-end: Nitin Gadkari

Govt to scrap 125 toll plazas by month-end: Nitin Gadkari

New Delhi: Aiming to spare the general public from levy at highways, the Government has announced it will scrap 125 toll plazas in the country by the end of February.“We will cancel toll at around

PTI Published : Feb 12, 2015 17:00 IST, Updated : Feb 12, 2015 17:24 IST
govt to scrap 125 toll plazas by month end nitin gadkari
govt to scrap 125 toll plazas by month end nitin gadkari

New Delhi: Aiming to spare the general public from levy at highways, the Government has announced it will scrap 125 toll plazas in the country by the end of February.

“We will cancel toll at around 125 plazas on some highways by the end of this month,” Union Road Transport Minister Nitin Gadkari said.

The minister added that toll collection at some 65 road projects has already stopped.

The Government has also decided to make toll-free road projects where less than Rs. 50 crore investment has been made.

The electronic toll (e-toll) collection system introduced in the country will help save Rs. 88,000 crore and cut the waiting time at toll plazas significantly, Gadkari said quoting a Transport Corporation of India-IIM Kolkata study.

The study said, “Rs 60,000 crore was lost on account of various delays at check posts and electronic toll collection could save Rs. 88,000 crore.”

The Minister added that of the 350 toll points on the Mumbai-Delhi route, 140 have been converted into E-toll points. By completion of the e-toll work in the country, this amount of Rs. 88,000 crore would be saved.

For implementing ETC across the country, a new company — Indian Highways Management Company Ltd — has been constituted.

It has equity participation from NHAI (25 per cent), concessionaires (50 per cent) and financial institutions (25 per cent).

Its objectives are collection of toll through the ETC System and to manage the project strategically, administratively, legally, technically, and commercially.

It will also provide the services of the central ETC system which include toll transaction clearing house operations, help desk support and setting up of call centres for incident management.

 

Advertisement

Read all the Breaking News Live on indiatvnews.com and Get Latest English News & Updates from Politics and National Section

Advertisement
Advertisement
Advertisement
Advertisement