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New Delhi: Road Transport and Highways Minister Nitin Gadkari on Tuesday said the Hybrid Annuity Model (HAM) for completion of highways can be made flexible and market-driven.

What did Nitin Gadkari say about contractors

Currently, under the HAM model, the government provides 40 per cent of the project cost to the developer to start work, while the rest of the investment has to be made by the developer. "I believe that infrastructure development should be done by contractors only," Gadkari said at a function here.

What did he say about increasing toll collection?

Gadkari also said that once electronic toll collection based on Global Navigation Satellite System (GNSS) is implemented, the total toll collection in the country will increase by at least Rs 10,000 crore.

The total toll collection in India was projected to grow 35 per cent year-on-year to reach Rs 64,809.86 crore in FY 2023-24. Gadkari also suggested that state transport buses should be exempted from paying toll on highways.

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