Nitin Gadkari: New Toll Policy Before April 1

Aakhir Tak – In Shorts

• Nitin Gadkari announced a new toll policy before April 1.
• Consumers will receive reasonable concessions on tolls.
• India’s toll collection rose 35% to Rs 64,809.86 crore in 2023-24.
• Gadkari emphasized strengthening the rural economy and reducing dependence on fossil fuels.
• Focus will be on biofuel production and alternative energy sources.

Aakhir Tak – In Depth

Union Road Transport and Highways Minister Nitin Gadkari announced that the government will introduce a new toll policy with reasonable concessions for consumers before April 1. Speaking at the Business Today Mindrush 2025 event on Saturday, he said the move aims to address concerns about toll charges and improve road infrastructure funding. This decision by Nitin Gadkari is quite important.

India’s toll collection has increased significantly, reaching Rs 64,809.86 crore in 2023-24, a 35 per cent rise from the previous year’s Rs 27,503 crore. Gadkari also outlined a strategy to strengthen the rural economy and reduce dependence on fossil fuels. He said 65 per cent of India’s population lives in rural areas but contributes only 12 per cent to national economic growth. The toll policy will increase revenue.

He said, “Our farmers will not only be food providers but energy providers,” explaining an approach to agricultural development focused on biofuel production and alternative energy sources. The rural economy will get a boost.

He detailed key initiatives:

Biofuel Production

• Increasing corn rates to Rs 2,800 per quintal.
• Developing 400 bio-energy projects nationwide.
• Converting agricultural waste into bio-CNG and bio-bitumen.

Logistics and Infrastructure

• Reducing logistics costs from 14-16 per cent to approximately 9 per cent.
• Developing Green Express Highways.
• Implementing advanced construction technologies.

Electric Vehicle Strategy

• Supporting domestic and international electric vehicle manufacturers.
• Promoting recycling infrastructure.
• Encouraging alternative fuel technologies.

Gadkari said these initiatives align with the government’s goal of making India a USD 5 trillion economy. He stressed the importance of “thinking for the best and preparing for the worst” in addressing global economic uncertainties. The goal is to facilitate road transport.

Aakhir Tak – Key Takeaways to Remember

• Nitin Gadkari announced a new toll policy before April 1, providing relief to consumers.
• A 35% increase in toll collection will aid in infrastructure development.
• Emphasis on strengthening the rural economy and reducing dependence on fossil fuels.
• Biofuel production and alternative energy sources will be promoted.
• Focus on reducing logistics costs and developing Green Express Highways.

Aakhir Tak Editor-in-Chief

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