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'There are no answers for some questions': Nitin Gadkari on why politicians are not charged toll tax

'There are no answers for some questions': Nitin Gadkari on why politicians are not charged toll tax

The minister also said that ambulances and press vehicles are exempted from toll tax charges.

Shubham Singh
  • Updated Feb 7, 2023 8:14 PM IST
'There are no answers for some questions': Nitin Gadkari on why politicians are not charged toll taxGadkari also revealed plans to open the National Highways Infra Trust (NHAI InvIT)

Union Minister for Road Transport and Highways Nitin Gadkari said that there are no answers to some questions, when he was asked as to why politicians are exempted from toll tax on roads at the BT Budget Roundtable 2023. 

The minister also said that ambulances and press vehicles are exempted from toll tax charges.

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“There is an exemption for ambulances and press vehicles. There is nothing called VIPs. The MLAs, MPs and other politicians are part of the government. There are certain limitations to popular politics as well. If I take the decision right now, what will happen in the parliament? Frankly speaking, there are no answers for some questions,” Gadkari said in a conversation with Business Today TV Managing Editor Siddharth Zarabi.

Gadkari also revealed plans to open the National Highways Infra Trust (NHAI InvIT) every 15 days with interests of up to 8.50 per cent. The minister also stated that the government had listed the InvIT bond on the stock exchange.

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The union minister further stated that salaried, middle-class, and pensioners can invest in NHAI InvIT because it offers significantly greater interest rates than fixed deposits. He also stated that foreign financial institutions are interested in investing in India's roadways industry.

Gadkari stated that the new green express lanes will allow travellers and commuters to cover the distance between Delhi and Dehradun in two hours. He further stated that the trip from Delhi to Haridwar will take two hours.

Commuters will be able to cover other routes such as Delhi-Chandigarh, Delhi-Amritsar, Delhi-Srinagar, Delhi-Katra, Delhi-Jaipur, Bengaluru-Chennai, Bengaluru-Mysuru, and Nagpur-Pune in significantly less time than before, according to Gadkari.

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ABOUT THE AUTHOR

Shubham Singh

Shubham Singh, who is currently working at Business Today, covers a wide range of topics including corporate, economy, auto, tech, trending, and entertainment business. He does whatever it takes to keep the website growing. His previous stints at prestigious media houses like Zee News English, Inc42, CNBC-TV18, and the Exchange4media group have honed his skills and intuition as a journalist. When not juggling between work and sleep, he spends time by watching web series or movies on OTT platforms.

Published on: Feb 7, 2023 7:04 PM IST