+
National Highway toll collection surpasses Rs 500 billion
ROADS & HIGHWAYS

National Highway toll collection surpasses Rs 500 billion

India touches Rs 532.8941 billion with more than 48,028 toll collections along the National Highways in the first ten months of the fiscal. The rapid increase is due to the steep rise of tolled roads and growing number of Fastag users.

As per government data, the toll collection of FY24 will hit a record-breaking Rs 620 billion, with average monthly collections of Rs 53.289 billion from April 2023-January 2024. The annual toll collection has seen steady growth since 2018. With Rs 251.5476 billion in 2018-19, Rs 276.3764 billion in 2019-20, Rs 279.238 billion in 2020-21, Rs 339.0772 billion in 2021-22 and Rs 480.2822 billion in 2022-23. The total toll length has increased by 75%, from 25,995 km in FY19 to 45,428 km as of November-end 2023. Historically, the toll length stood at 29,666 km in 2019-20, 34,071 km in 2020-21, 38,315 km in 2021-22 and 42,595 km in 2022-23. According to experts the toll collection will further increase by the use of GPS-based toll collection sysems. The revenue collection system is currently under government planning. Jagannarayan Padmanabhan, Senior Director and Global Head, Consulting, Crisil Market Intelligence and Analytics, said, ?The GPS-enabled toll collection could be a revenue booster for the government as all those who were so far taking alternate routes to avoid the entire toll stretch will now prefer to take the toll roads.? He mentioned that the current collection might not be significantly affected since most journeys cover distances exceeding 60 km considering that ?the distance between toll plazas is approximately 60 km, the effect will be minimal, but a balance will be achieved as more drivers start using the toll road." Padmanabhan, however, warned that GPS-based toll collection could result in increased traffic on toll roads and pose a challenge for the government in enhancing the backend process to ensure smooth transactions.

India touches Rs 532.8941 billion with more than 48,028 toll collections along the National Highways in the first ten months of the fiscal. The rapid increase is due to the steep rise of tolled roads and growing number of Fastag users. As per government data, the toll collection of FY24 will hit a record-breaking Rs 620 billion, with average monthly collections of Rs 53.289 billion from April 2023-January 2024. The annual toll collection has seen steady growth since 2018. With Rs 251.5476 billion in 2018-19, Rs 276.3764 billion in 2019-20, Rs 279.238 billion in 2020-21, Rs 339.0772 billion in 2021-22 and Rs 480.2822 billion in 2022-23. The total toll length has increased by 75%, from 25,995 km in FY19 to 45,428 km as of November-end 2023. Historically, the toll length stood at 29,666 km in 2019-20, 34,071 km in 2020-21, 38,315 km in 2021-22 and 42,595 km in 2022-23. According to experts the toll collection will further increase by the use of GPS-based toll collection sysems. The revenue collection system is currently under government planning. Jagannarayan Padmanabhan, Senior Director and Global Head, Consulting, Crisil Market Intelligence and Analytics, said, ?The GPS-enabled toll collection could be a revenue booster for the government as all those who were so far taking alternate routes to avoid the entire toll stretch will now prefer to take the toll roads.? He mentioned that the current collection might not be significantly affected since most journeys cover distances exceeding 60 km considering that ?the distance between toll plazas is approximately 60 km, the effect will be minimal, but a balance will be achieved as more drivers start using the toll road. Padmanabhan, however, warned that GPS-based toll collection could result in increased traffic on toll roads and pose a challenge for the government in enhancing the backend process to ensure smooth transactions.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code