NHAI Hikes Highway Tolls by 5% - Effective June 3rd
By Rediff Money Desk, New Delhi Jun 02, 2024 19:38
The National Highways Authority of India (NHAI) has increased tolls across Indian highways by 5%, effective June 3rd. The hike was deferred due to elections.
New Delhi, Jun 2 (PTI) Motorists using expressways will have to shell out more from Monday as the National Highways Authority of India (NHAI) has decided to hike tolls across the country by an average of 5 per cent.
The annual revision of highway user fee, which is expected to be in the range of average 5 per cent, was earlier to come into effect on April 1. But the hike was deferred due to the Lok Sabha elections.
"The new user fee will come into effect from 3.6.2024," a senior NHAI official said on Sunday.
The change in toll fee is part of an annual exercise to revise the rates that are linked to the changes in the wholesale price index (CPI)-based inflation.
There are around 855 user fee plazas on the national highway network on which user fee is levied as per the National Highways Fee (Determination of Rates and Collection) Rules, 2008.
Out of these, around 675 are public-funded fee plazas and 180 are operated by concessionaires.
The annual revision of highway user fee, which is expected to be in the range of average 5 per cent, was earlier to come into effect on April 1. But the hike was deferred due to the Lok Sabha elections.
"The new user fee will come into effect from 3.6.2024," a senior NHAI official said on Sunday.
The change in toll fee is part of an annual exercise to revise the rates that are linked to the changes in the wholesale price index (CPI)-based inflation.
There are around 855 user fee plazas on the national highway network on which user fee is levied as per the National Highways Fee (Determination of Rates and Collection) Rules, 2008.
Out of these, around 675 are public-funded fee plazas and 180 are operated by concessionaires.
Source: PTI
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