Toll rates rise by 5 percent

The News Craving

Srinagar:

The National Highways Authority of India (NHAI), a government-operated body, has announced an average toll hike of 5 percent effective Monday.

A senior NHAI official stated that the new toll rates will take effect from June 3, 2024.This annual adjustment aligns with changes in the Consumer Price Index (CPI)-based inflation, which influences user fee adjustments, according to the government official.India’s extensive national highway network includes approximately 855 toll plazas, with around 675 publicly funded and the remaining 180 operated by concessionaires.

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