By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
vantagefeed.comvantagefeed.comvantagefeed.com
Notification Show More
Font ResizerAa
  • Home
  • Politics
  • Business
  • Tech
  • Health
  • Environment
  • Culture
  • Caribbean News
  • Sports
  • Entertainment
  • Science
Reading: By 2024, toll settlement amount could exceed 70,000 rupees
Share
Font ResizerAa
vantagefeed.comvantagefeed.com
  • Home
  • Politics
  • Business
  • Tech
  • Health
  • Environment
  • Culture
  • Caribbean News
  • Sports
  • Entertainment
  • Science
Search
  • Home
  • Politics
  • Business
  • Tech
  • Health
  • Environment
  • Culture
  • Caribbean News
  • Sports
  • Entertainment
  • Science
Have an existing account? Sign In
Follow US
vantagefeed.com > Blog > Business > By 2024, toll settlement amount could exceed 70,000 rupees
By 2024, toll settlement amount could exceed 70,000 rupees
Business

By 2024, toll settlement amount could exceed 70,000 rupees

Vantage Feed
Last updated: December 26, 2024 9:01 pm
Vantage Feed Published December 26, 2024
Share
SHARE
NEW DELHI: India’s toll collection could cross Rs 70,000 crore in 2024, government data says, with average daily toll collection topping on the back of addition of new toll plazas and increased economic activity. continues to increase.Electronic toll collection for the nearly 12 months ended December 22 stood at Rs 68,037.6 million, an increase of 9.2 per cent compared to the year-ago figure. The average daily collection in 2024 was Rs 191.14 crore as against Rs 170.66 crore last year.

A senior government official told ET that the annual toll collection has increased with the addition of new toll plazas this year, streamlining and boosting logistics activities to support increased consumption.

“The government aims to provide seamless travel on highways and is adding toll roads for this purpose,” the official said. “This will ensure road travelers save travel time and travel costs while generating more revenue.”

In FY24, India added 94 toll plazas, taking the number to 933 as of April 1, 2024. The number of toll plazas added in the first eight months of fiscal year 2025 (April 1 to November 30, 2024) was 70. The length of toll roads in the country increased from 42,595 km on April 1, 2023 to 46,884 km in April. 4,289km was added by January 1, 2024, and the paid extension added by November 30 of this year was 3,059.6km.


Jagannarayan Padmanabhan said, “Toll collection continues to show strong momentum in the second half of the year, partly due to the impact of the Christmas season. Also, new toll plazas have been added in recent years, contributing to the increase in Delta tolls. “There is,” he said. said Global Head of Consulting, Crisil Market Intelligence and Analytics. “This positive momentum is expected to continue in the next quarter.” India has 1,040 toll plazas across the country, of which 1,003 are operated by the National Highways Authority of India, which falls under the Ministry of Road Transport and Highways. is under the control of .

Nominations are now being accepted for the ET MSME Awards. The last date to apply is December 31, 2024. Click here to submit Enter in one or more of the 22 categories for a chance to win prestigious prizes.

You Might Also Like

Nucor Corporation (NUE): Bull Case Theory

Bajaj Finance will amend June 16 as the record date for the 1:2 stock split, 4:1 bonus equity sharing

As the IPO market closes, private equity companies end overhaul strategy

Elon Musk’s feud with Donald Trump has done a lot of damage to Tesla, but don’t expect action from the board

RBI has limited room for further easing, says UBS after a sharp rate cut and cash increase

TAGGED:amountexceedrupeesSettlementtoll
Share This Article
Facebook Twitter Email Print
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow US

Find US on Social Medias
FacebookLike
TwitterFollow
YoutubeSubscribe
TelegramFollow

Weekly Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Subscribe my Newsletter for new posts, tips & new Articles. Let's stay updated!

Popular News
These scientific feats will set new records in 2024
Science

These scientific feats will set new records in 2024

Vantage Feed Vantage Feed December 20, 2024
“The truth is she did the right thing.”: The mystery of Jane Austin’s letter was destroyed -by her own sister
NASA’s Europa mission is a homecoming for one planetary astronomer
Isolated vocals on Queen’s “Under Pressure” (1981) by Freddie Mercury and David Bowie
Los Angeles latest fire: Firefighters face 110 mph winds, death toll 24, ‘explosive fire spread’
- Advertisement -
Ad imageAd image
Global Coronavirus Cases

Confirmed

0

Death

0

More Information:Covid-19 Statistics

Importent Links

  • About Us
  • Privacy Policy
  • Terms of Use
  • Contact
  • Disclaimer

About US

We are a dedicated team of journalists, writers, and editors who are passionate about delivering high-quality content that informs, educates, and inspires our readers.

Quick Links

  • Home
  • My Bookmarks
  • About Us
  • Contact

Categories & Tags

  • Business
  • Science
  • Politics
  • Technology
  • Entertainment
  • Sports
  • Environment
  • Culture
  • Caribbean News
  • Health

Subscribe US

Subscribe my Newsletter for new posts, tips & new Articles. Let's stay updated!

© 2024 Vantage Feed. All Rights Reserved.
Welcome Back!

Sign in to your account

Lost your password?