NEW DELHI: Nitin Gadkari, Minister of Road and Highway Transport, said on Thursday that India would be free of tolls within 2 years. Speaking at the ASSOCHAM Foundation Week, the minister also revealed that the next toll collection would be based on GPS (global positioning system).
The government has finalized the new toll collection system and it will be implemented in collaboration with the Russian government. To ensure a smooth movement of vehicles across the country, the upcoming toll collection system would directly deduct money from the linked bank account.
While recent passenger and commercial vehicles come with GPS, the government would also find a way to install GPS systems in older vehicles. This move comes after the government has also been pushing the FASTag system, which is now mandatory and aims to reduce congestion at toll booths and make long trips seamless as well.
According to the minister, the National Authority of India (NHAI) could generate revenue of Rs 1.34 trillion in 5 years after the implementation of the GPS-based toll system.
“We have thoroughly examined and finalized the GPS-based toll collection system with the help of the Russian government. And in 2 years, India would be free of tolls. The GPS system will be used to track the vehicles and the amount owed will be deducted from the respective bank accounts ”. Gadkari said at the virtual conference.
The government has finalized the new toll collection system and it will be implemented in collaboration with the Russian government. To ensure a smooth movement of vehicles across the country, the upcoming toll collection system would directly deduct money from the linked bank account.
While recent passenger and commercial vehicles come with GPS, the government would also find a way to install GPS systems in older vehicles. This move comes after the government has also been pushing the FASTag system, which is now mandatory and aims to reduce congestion at toll booths and make long trips seamless as well.
According to the minister, the National Authority of India (NHAI) could generate revenue of Rs 1.34 trillion in 5 years after the implementation of the GPS-based toll system.
“We have thoroughly examined and finalized the GPS-based toll collection system with the help of the Russian government. And in 2 years, India would be free of tolls. The GPS system will be used to track the vehicles and the amount owed will be deducted from the respective bank accounts ”. Gadkari said at the virtual conference.
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