Roads will be ‘toll free’ in 2 years, says Nitin Gadkari; GPS technology for toll collection ends
New Delhi: The Minister of Road Transport and Highways of the Union and MSMEs, Nitin Gadkari, has said that the Government has finalized the collection of tolls for technology based on GPS (Global Positioning System) to guarantee the continuous movement of vehicles throughout the country. He said this will ensure that India becomes “toll free” in the next two years.
Addressing the ASSOCHAM Foundation Week Program here today, he shared his perspective on the topic ‘National Infrastructure Pipeline Critical for Economic Revival in All Sectors’ and explained that the toll amount will be deducted directly from the bank account at function of vehicle movement. While all commercial vehicles now come with vehicle tracking systems, the government will come up with a plan to install GPS technology in older vehicles, he said.
“While all commercial vehicles now come with vehicle tracking systems, the government will come up with some plan to install GPS technology in older vehicles,” he said.
Gadkari also said that all toll collections can reach Rs 34,000 crore by next March. He said that by using GPS technology for toll collection, the toll revenue in the next five years will be Rs 1.34,000 crore.
The Minister said that industrial development is key to job creation and poverty eradication in India, however, at present, India’s industry is centralized in urban areas as decentralization of industry is It is imperative to boost the growth rate as increasing urbanization is causing serious problems in cities. like Delhi, Mumbai, Chennai, Kolkata and others. He also stressed the need to promote public-private investment in infrastructure development. He assured the government’s support in projects that are not economically viable.
Gadkari also expressed the need to promote public-private investment in infrastructure development. He secured government support for projects that are not economically viable.
