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How much will the central government earn every month from Delhi-Mumbai Expressway, Gadkari gave details

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Union Minister for Road Transport and National Highways Nitin Gadkari has said that once the Delhi-Mumbai Expressway becomes operational, the Center will give Rs 1000 to 1500 crore toll revenue every month. This much-awaited expressway is expected to become operational in 2023.

Gadkari termed the National Highways Authority of India (NHAI) as a ‘gold mine’. Gadkari recently completed a long journey to review the progress of Delhi-Mumbai Expressway. He said here on Sunday that the annual toll income of NHAI will increase to Rs 1.40 lakh crore in the next five years. Right now it is at Rs 40,000 crore level.

The Delhi-Mumbai Expressway will pass through four states apart from the National Capital Region. The Road Transport Minister said that the national highway infrastructure of the country is a world class success story. “Once the Delhi-Mumbai Expressway is operational and opened to the public, it will give toll revenue of Rs 1,000-1,500 crore to the Center every month,” Gadkari told PTI in an interview.

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The construction of Delhi-Mumbai Expressway is expected to be completed by March, 2023. It is being constructed under the first phase of ‘Bharatmala Pariyojana’. This eight-lane expressway will pass through Delhi, Haryana, Rajasthan, Madhya Pradesh and Gujarat. With this, the travel time between the national capital and the financial capital of the country will be reduced to half that of 12 hours from the current 24 hours.

Amid concerns that NHAI has a very high debt burden, Gadkari said the nodal agency was rated ‘Triple A’ and all its road projects are productive. He said that NHAI is not in debt trap. This is a gold mine. NHAI’s toll income will reach Rs 1.40 lakh crore annually in the next five years. It is now Rs 40,000 crore. In March, the Parliament’s Standing Committee on Transport, Tourism and Culture belonging to the department had raised concerns over the tax liability of Rs 97,115 crore on NHAI. Recently, the minister told the Rajya Sabha that the total debt of NHAI has increased to Rs 3,06,704 crore by the end of March this year. 74,742 crore at the end of March 2017.

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