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The transfer is geared toward lowering site visitors congestion and charging motorists for the precise distance travelled on the highways, Gadkari stated on the annual convention of the Highways Operators Affiliation of India (HOAI) on Wednesday.
“The federal government is new applied sciences together with GPS-based toll techniques to exchange toll plazas within the nation…We’ll begin new GPS -satellite based mostly toll assortment throughout the nation by March subsequent 12 months,” he stated.
Throughout 2018-19, the typical ready time for automobiles at toll plaza was eight minutes. With the introduction of FASTags throughout 2020-21 and 2021-22, the typical ready time of the automobiles has come all the way down to 47 seconds.
Speaking on the shift from engineering, procurement and building (EPC) to BOT mannequin, Gadkari stated the federal government will bid out street tasks value Rs 1.5 lakh to Rs 2 lakh crore on the build-operate-transfer (BOT) mannequin for freeway tasks lower than 1000 km earlier than the mannequin code of conduct comes into impact.
“Going ahead, we’ll favour the Infrastructure Funding Trusts (InvITs) mannequin principally for freeway building,” he stated. InvITs are devices on the sample of mutual funds, designed to pool cash from traders and spend money on property that can present money flows over a time period.Gadkari additionally stated the ministry of street transport and highways has performed two pilot tasks of computerized quantity plate recognition techniques (computerized quantity plate reader cameras) to allow automated toll assortment with out stopping the automobiles.
