New toll policy to give relief to the people: Gadkari
January 08, 2015
Kochi
The Union government is mulling a new ‘people-friendly’ toll policy, which is expected to be ready in a month, Road Transport, Shipping and Highways Minister Nitin Gadkari, today said.
“We are planning to start a new toll policy to give relief to the people,” the minister told reporters here.
Within a month, it will be declared, he said.
Later speaking at an interactive session of Confederation of Indian Industry (CII), he said the government was trying for 100 per cent FDI in the road sector.
“We are trying our best to get low interest foreign investments. Presently, Indian banks are charging 13 per cent interest,” he said.
© Copyright PTI. All rights reserved. Republication or redistribution of any PTI content, including by framing or similar means, is expressly prohibited without their prior written consent.
Recent Stories
- Diwali Food Safety Drive: AMC Seals Two Units, Fines Four Outlets ₹40,000
- HDFC Bank Gets Govt Nod to Offer Deposits Under Capital Gains Accounts Scheme
- GSSSB Announces Recruitment for 1,237 Class-3 Posts; Applications Open on November 5
- AMC to Hike Parking Fees; Proposed New Rates Here
- Mumbai Mayor Ritu Tawde Meets Gujarat CM Bhupendra Patel
- Holiday Inn Resort to Come Up in Sasan Gir