Nitin Gadkari, the Union Minister of Road Transport & Highways and MSMEs has announced that the government has finalised a GPS-based (Global Positioning System) technology concerning toll collection. This system will ensure there is a hassle-free movement of vehicles countrywide. He also mentioned that India would become ‘toll plaza free’ in the upcoming two years.
As per Nitin Gadkari, overall toll collections are anticipated to touch Rs 34,000 crore by March 2021. He also mentioned that, with the usage of GPS technology, the toll income could reach Rs 1,34,000 crore in the following five years.
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The toll charges will be debited from the bank account directly depending on the vehicular movement. The government is designing a plan for installing GPS technology in older vehicles, while the new commercial vehicles are coming with built-in vehicle tracking systems.
Nitin Gadkari also spoke about the importance of promoting private and public investment in infrastructure development. He also mentioned that industrial development plays a key role in poverty eradication and employment generation. He also assured that support of the government would be there in projects which are not economically viable.
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Bhavana is a Senior Content Writer handling the GST vertical. She is committed, professional, and has a flair for writing. When away from work, she enjoys watching movies and playing with her son. One thing she can’t resist is SHOPPING! Her favourite quote is: “Luck is what happens when preparation meets opportunity”.
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