DEAR SHRI NITIN GADKARIJI - HERE IS A WAY TO COLLECT TRANS_TAX OF Rs 2 LAKHxCRORE PER MONTH / TWICE OF GST

 Highway Toll Rs 193 Cr / day  :  Peanuts !

 

 

Context :

FASTag toll collection hits record ₹193.15 crore in a day with 1.16 crore transactions    ……  BL  /  02 May 2023

Extract :

Toll collection on national highways (NHs) through the FASTag system hit a record ₹193.15 crore in a day recording 1.16 crore transactions, a development that reflects on the growing traffic on highways and rising income for operators.

On April 29, the daily toll collection through FASTag achieved a historic milestone, reaching an all-time high collection of ₹193.15 crore with 1.16 crore transactions recorded in a single day , NHAI said

 

Four states make up bulk of toll revenue in road-building sign

( Mint  /  11  Feb 2023 )

Extract :

The data from MoRTH indicates that toll collection in FY23 is set to cross the highest levels in the past five years reaching close to ₹40,000 crore in FY23.

Minister of Road Transport Nitin Gadkari has said toll revenue is set to rise to over ₹1.4 trillion in the next three years due to the fast-paced development of highway projects that include about 35,000 km of roads being built under Bharatmala project.

 

The increased toll collection is also a result of the implementation of the Fastag project that facilitates automatic charge for toll roads. This has eased the toll collection process while improving compliance on highways.

 

My  Take :

Ø Accelerating Transport with Omnipresent RFID …………….. 09  July 2021

 

 

Extract :

Dear Gadkariji / Piyush Goyalji :

 

RFID is helping reduce / eliminate GST TAX EVASION on the highways ( as seen above )

 

By making RFID compulsory for payment of Highway Toll tax, it is helping TAX INCREASE, as can be seen from following figures of Highway Toll tax collected ( Rs Crore / month ):

#   Nov 2019……………      773

#   Dec 2019……………….1,257  

#   Feb 2020……………… 1,841

#   July  2020……………  1,623

#   Dec 2020……………   2,303

#   Feb 2021……………….2,556

( source : https://factly.in/data-can-mandatory-fastag-increase-toll-revenue-collection-at-a-greater-rate-in-2021-22/  )

#  0n 25 Feb 2021……. 104 ( in one day )

#  Expected collection for current year ….. 34,000

#  Expected to reach in 3 to 4 years………..134,000 ( Rs  1.34 Lakh*Crore  per year )

(source:https://realtyninfra.com/toll-collection-likely-to-touch-rs-34000-cr-mark-in-ongoing-fiscal-gadkari )

 

It must be noted that, all of this TAX COLLECTION is fully AUTOMATIC, without any Human Intervention !

 

Also note that, our total Vehicle population is about 340 million in 2021

 

Assume that, out of this, 80 % are 2-Wheelers (which may not ply on highways ), leaving 20 % of 4 Wheelers ( cars – buses – trucks etc ), numbering approx. 70  million , which use highways and pay toll tax

 

Of these 70 million, may be no more than 7 million ( 10 % ) use Highways on any given day

 

It is these 7 million which are expected to contribute Rs 1.34 Lakh*crore  per year by way of Toll Tax

 

Now imagine that we find a method to make all 70 million ( 4 wheelers ) to pay a TRANS-TAX ,

 

          Ø    Whether plying on Highways or on City Roads

          Ø    Every day

         Ø     Automatically ( using same method of Pre-paid RFID ) / without human intervention

 

In such an event, I suppose we could , quite possibly collect, Rs 25 Lakh*Crore per year !

 

Dear Shri  Gadkariji ,

 

One more time with love, I urge you to get Transport Experts / IT Experts , to examine the feasibility of :

 

Ø  Transport : an Integrated Logistic Plan ? ………………………..[ 20 Nov 2018 ]

 

 

With Regards,

Hemen Parekh

www.hemenparekh.ai  /  03 May  2023