Wednesday, April 16, 2025

Creating liberating content

BJP supporters in Mumbai called for “bulldozer action” against properties

Mughal ‘heir’ appeals to UN for protection of Aurangzeb’s tomb

Related News

NEW DELHI: Congress MP and leader of opposition in the Lok Sabha, Rahul Gandhi, on Wednesday called for sweeping changes in the Gujarat Congress unit, stressing the need to empower

Yuzvendra Chahal (PTI Photo) NEW DELHI: Punjab Kings (PBKS) spinner Yuzvendra Chahal equalled Kolkata Knight Riders (KKR) legend Sunil Narine’s record for most four-wicket hauls in Indian Premier League (IPL)

BJP supporters in Mumbai called for “bulldozer action” against properties linked to the National Herald case, following the Enforcement Directorate’s (ED) chargesheet against Congress leaders Sonia Gandhi and Rahul Gandhi.BJP

Mughal ‘heir’ appeals to UN for protection of Aurangzeb’s tomb in Maharashtra (Picture credit: ANI) Prince Yakub Habeebuddin Tucy, who claims descent from Mughal emperor Bahadur Shah Zafar, has written

NEW DELHI: The US remained India’s largest trading partner for the fourth consecutive year in 2024-25 with bilateral trade valued at USD 131.84 billion, while the country’s trade deficit with

NEW DELHI: It was a night of high drama and unforgettable moments, but nothing lit up the internet quite like Preity Zinta’s ecstatic celebration after Punjab Kings pulled off one

Trending News

Beijing, China: China on Wednesday said its economy grew a forecast-beating 5.4 percent in the first quarter as exporters rushed to get goods out of factory gates ahead of swingeing

MUMBAI: IndusInd Bank on Tuesday said that an external agency reviewing discrepancies in account balances of its derivatives portfolio quantified the hit to its net worth at Rs 1,979 crore,

MUMBAI: Markets regulator Sebi on Tuesday barred the two promoters of Gensol Engineering, Anmol Singh Jaggi and Puneet Singh Jaggi, from the securities markets until further notice due to fund

Hermes’s market cap at $276.3 billion surpassed that of rival LVMH Moet Hennessy Louis Vuitton, the conglomerate which tried to buy the maker of the Birkin bag 15 years ago.

BENGALURU: Goldman Sachs Alternatives acquired a majority stake in Gurugram-based human capital management software provider PeopleStrong, the companies announced on Monday. The deal was made through the private equity arm

MUMBAI: A wealth management firm owned by the family of a senior Tata Sons executive, was erroneously listed as a Tata group company, Tata Pension Management said. In Aug 2022,

Finance ministry considering 2 proposals to ease life of toll-paying commuters on National Highways

Word Count: 708 | Estimated Reading Time: 4 minutes


Finance ministry considering 2 proposals to ease life of toll-paying commuters on National Highways

NEW DELHI: The road transport ministry has approved exemption from tolling on National Highways (NHs) that are less than four lanes and has sent the proposal to the finance ministry for its nod. This is part of the two proposals now with the finance ministry to bring relief to lakhs of commuters using NHs and expressways. The second proposal is to issue annual passes costing around Rs 3,000 for unlimited travel for car owners.
A senior road transport ministry said that the proposals have been approved and sent to the expenditure department of the finance ministry since it involves some revenue loss. While annual passes would cause some loss to toll revenue, stopping user fee collection on narrower highways won’t have any impact, they added.
Though earlier road transport minister Nitin Gadkari had spoken about the plan to offer the option of annual and lifetime pass for private vehicles, the ministry zeroed down on the annual pass, considering high probability of its acceptance among vehicle owners. The minister has been speaking about extending some “big relief” for highway commuters in the near future and has also claimed that with this they won’t have any complaints.
Sources said the proposal of collecting no tolls on two-and-half lanes or two-lane NHs with paved shoulders was mooted by the minister at a review meeting when he asked officials to look into it. The user fee on such roads is 60% less than the toll payable on highways that are four-lane and more. TOI has learnt that there are around 200 toll plazas on such stretchesand barring a few all are public funded roads, meaning the toll is collected by govt’s own agencies.
“In most cases, the toll generated is less than the expenses incurred. So, it isn’t a bad proposition to do away with tolling on these stretches. The only issue is highways with four lanes and more, and expressways. There are a significant number of private players collecting toll and govt has to compensate for the loss they may incur due to annual passes,” said a source.
Data show that out of the total toll revenue of Rs 61,000 crore of 2024-25, private cars had a share of around 20-21%. and the large chunk of 79-80% fee comes from commercial and heavy vehicles.





Source link

Sign In

Welcome ! Log into Your Account