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Toll Collection Policy

The Minister for Road Transport and Highways and Shipping Shri Nitin Gadkri has said that the policy of Road Toll Collection is proposed to be changed in a way that such a collection will only be made after 100% completion of the project instead of 75% completion as it was being done now. In reply to a question in the Lok Sabha today, he said that the toll collection will also be stopped after the cost of the project is recovered. The minister said that toll collection was less than expected due to slow down of economy. He said the revenue share of NHAI is about 6000 crore Rupees now and it is expected to reach 8000 crore Rupees with the recovery of the economy.

Shri Gadkari said that he has held discussions with financial institutions as they do not want to fund road projects as there are huge NPAs in the sector. He pointed out that the Prime Minister is also expected to discuss the issue with financial institutions to restore their confidence to fund road projects.

In reply to another question Shri gadkari said that his ministry has allocated 15000 crore rupees for the North Eastern region for setting in a well maintained roads. The minister said that the quality of roads could also be improved as the ministry is looking into prospect of cement roads.

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KSP/