The government has finalised GPS (Global Positioning System) based technology for toll collection to rise up to Rs. 1.34 lakh crores in five years.
The GPS-based technology will help in seamless movement of vehicles across the country thereby ensuring India becomes toll free in the next two years.
The Union Minister of Road Transport & Highways and MSMEs Nitin Gadkari said, “The toll collections may reach Rs. 34,000 crore by coming March.”
Gadkari informed by using GPS technology for toll collection, the toll income in the next five years will be Rs. 134,000 crore.
Nitin Gadkari said, “Industrial development is key to employment generation and poverty eradication in India, however at present, industry is India is centralised in urban areas as such decentralisation of industry is imperative to boost growth rate as growing urbanisation is causing grave problems in cities like Delhi, Mumbai, Chennai, Kolkata and others.
He also impressed upon the need to promote public-private investment in infrastructure development.