Union Minister for Road Transport & Highways Nitin Gadkari has mentioned that GPS-based toll collection system will be introduced by March 2024.
He mentioned that the federal government will introduce new applied sciences, together with GPS-based toll collection system by March subsequent yr to change current toll plazas at highways.
The goal behind this may be to ease site visitors congestion and charging individuals just for the gap they travelled.
“The government is looking at new technologies, including GPS-based toll systems to replace toll plazas in the country… we will start new GPS satellite-based toll collection across the country by March next year,” he mentioned.
The authorities has additionally performed two pilot tasks of computerized quantity plate recognition system (computerized quantity plate reader cameras) to allow automated toll collection with out stopping the automobiles, the Union Minister knowledgeable.
He additional mentioned that the common ready time at toll plazas after introducing Fastag system lowered to 47 seconds in 2020-21 and 2021-22 from 8 minutes throughout 2018-19.
Although there’s appreciable enchancment in ready time at sure areas, particularly close to cities, in densely-populated cities, there are nonetheless some delays at toll plazas throughout peak hours.
Meanwhile, Gadkari mentioned the federal government will bid out street tasks value Rs 1.5-2 lakh crore on the Build Operate Transfer (BOT) mannequin for highway tasks of lower than 1,000 kilometres size earlier than the Model Code of Conduct comes into impact for the overall elections subsequent yr.
“Going forward, we will favour Infrastructure Investment Trusts (InvITs) model mostly for highway construction,” he mentioned.
InvITs are devices designed to pool cash from traders and spend money on belongings that can present money flows over a time frame.
With inputs from PTI
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