1 month ago
115
Mar 28, 2024 08:33 AM IST
Nitin Gadkari said, “Now we are ending toll and there will be a satellite br toll collection system."
Union transport minister Nitin Gadkari said that the government will soon end toll and the new satellite toll collection system will be introduced. He told news agency ANI, “Now we are ending toll and there will be a satellite br toll collection system. Money will be deducted from your bank account and the amount of road you cover will be charged accordingly. Through this time and money can be saved. Earlier, it used to take 9 hours to travel from Mumbai to Pune, now it is reduced to 2 hours.”
Nitin Gadkari said the new satellite toll collection system will be introduced. Read more: World's fastest T+0 stock settlement kicks off in India, these stocks are eligible: What you need to know
Watch what he said here
Hindustan Times - your fastest source for breaking news! Read now.
On complaints of exorbitant toll taxes, the minister said that highways save time and fuel usage as well, adding, "Earlier, it used to take nine hours to travel from Mumbai to Pune. Now it is a 2-hour journey. Seven hours of diesel get saved. Naturally, we have to pay some money in return. We are doing it through public-private investment. So we will have to return the money too."
Read more: Stocks to watch on March 28: UltraTech Cement, Dr Reddy’s Lab, Maruti Suzuki and more
The minister also discussed the Bharatmala Pariyojana that aims to develop approximately 26,000 km of economic corridors. Nitin Gadkari emphasized its significance alongside the Golden Quadrilateral (GQ) and North-South and East-West (NS-EW) corridors and said that he is confident that the project will revolutionize the nation's future by 2024.
Read more: SBI hikes annual maintenance charges for these debit cards from April 1: Complete details here
He said, “The fate of the country will change by the end of 2024. This is because the road network of National Highways will be equal to that of America. That is my goal. I am sure that I will definitely be successful in this.”
Unlock a world of Benefits with HT! From insightful newsletters to real-time news alerts and a personalized news feed – it's all here, just a click away!- Login Now!
Stay informed on Business News along with Gold Rates Today, India News and other related updates on Hindustan Times Website and APPs
- ABOUT THE AUTHOR
Follow the latest breaking news and developments from India and around the world with Hindustan Times' newsdesk. From politics and policies to the economy and the environment, from local issues to national events and global affairs, we've got you covered.
