Highway Toll Revenue Hits 5-Year High at Rs.648.10 Bn

11 Apr 2024 CW Team

The toll revenue generated from highways in India has surged to a five-year high, reaching ?648.10 billion. This significant increase represents a 35% rise compared to the previous fiscal year, highlighting the robust performance of the highway toll collection system despite challenges posed by the COVID-19 pandemic.

The substantial growth in highway toll mopup is attributed to various factors, including increased traffic volume on national highways, improved efficiency in toll collection mechanisms, and the gradual recovery of economic activities following the pandemic-induced slowdown.

The Ministry of Road Transport and Highways has been actively implementing measures to enhance the efficiency and transparency of toll collection processes across the country. These efforts have contributed to the steady growth in toll revenue, reflecting the government's commitment to modernising and upgrading India's road infrastructure.

The record-high toll revenue also underscores the importance of the national highway network as a vital artery for the transportation of goods and passengers across the country. The increased toll collection is expected to provide a significant boost to the government's efforts to finance infrastructure development projects and further expand the highway network.

Moreover, the surge in toll revenue signals a positive outlook for the road infrastructure sector, attracting investments and stimulating economic growth. As the government continues to prioritise infrastructure development, the highway toll collection system is poised to play a pivotal role in supporting India's economic recovery and facilitating seamless connectivity across regions.

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