STOCK MARKET BSE NSE

Highway Travel to Turn 3% Pricier

Published: 30th March 2016 06:30 AM  |   Last Updated: 30th March 2016 06:30 AM   |  A+A-

CHENNAI: Travelling on highways is likely to become costly from April 1 with the toll fee being revised for 21 plazas in Tamil Nadu by three per cent.

According to National Highway Authority of India (NHAI), highways coming under the purview of revision include Chennai - Bengaluru, Chennai -  Tiruchirappalli and Tiruchirappalli - Karaikudi roads. “This year, the revision in toll charges would be between two and three per cent. It will be effective from April 1,” a senior NHAI official said. The annual revision is calculated based on the Wholesale Price Index in December of the current fiscal and base rate of each category of vehicles using a formula introduced in 2008, sources added.

Of the total 44 toll plazas in Tamil Nadu, the hike would be implemented in 21. “The remaining 23 toll plazas would have revision in September, as the revision is calculated in these plazas during the second half of the year,” the official added.

Truckers have questioned the rationale behind the toll fee hike, saying charges are being raised without upgrading the facilities.

Stay up to date on all the latest Chennai news with The New Indian Express App. Download now

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp