The highways will be “toll free” in 2 years, says Nitin Gadkari; finalizes GPS technology for toll collection
New Delhi: Union Minister for Road Transport and Motorways and MSMEs Nitin Gadkari said the government has finalized toll collection based on Global Positioning System (GPS) technology to ensure seamless movement of vehicles across the country. He said, this will ensure India becomes “toll-free” in the next two years.
Addressing the ASSOCHAM Foundation Week Program here today, he shared his perspective on “National Infrastructure Pipeline Crucial to Economic Recovery in All Sectors” and explained that the toll amount will be deducted directly from the bank account based on movement of vehicles. While all commercial vehicles are now equipped with vehicle tracking systems, the government will present a plan to install GPS technology in older vehicles, he said.
“Although all commercial vehicles are now equipped with vehicle tracking systems, the government will present a plan to install GPS technology in older vehicles,” he said.
Gadkari also said that all toll collections could reach Rs 34,000 crores by March. He said that by using GPS technology for toll collection, the toll income over 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 the moment the industry is centralized India in urban areas as such decentralization of industry is key to increasing the growth rate as increasing urbanization is causing severe problems in cities like Delhi, Mumbai, Chennai, Kolkata and others. He also stressed the need to promote public-private investment in infrastructure development. He has secured government support for projects that are not economically viable.
Gadkari also expressed the need to promote public-private investments in infrastructure development. He has secured government support for projects that are not economically sustainable.