The lockdown imposed in different states at the local level due to the Corona epidemic may affect toll collection. It may see a decline in May as compared to April.
Estimated decline in toll collection
To overcome the second wave of Corona epidemic, lockdown has been imposed in different states of the country. Due to which the movement of people has reduced considerably. It also has an impact on the toll collection of national highways (national highways). According to rating agency ICRA, toll collection in May may be reduced by 25-30 per cent as compared to the previous month of April 2021. Icra has released its estimate on Thursday.
ICRA has prepared this report on the basis of toll collected on 29 projects from 11 states between March 1 and May 10, 2021. In which there has been talk of decline in toll collection in the month of May. According to the report, Maharashtra has been affected the most by Corona. Here the growth started declining from April 2021 onwards. Although this fall has occurred in the toll collected through all types of trains, but the most impact has been on the toll collection from passenger trains and buses.
Due to discount, there will be less loss from last year
According to the report of Icra, in the last year also, due to the epidemic, a nationwide lockdown was imposed. This time also the situation was very similar. However, this time a lockdown has been imposed at the local level across the country. During this, exemption has been given for the movement of essential things including manufacturing and construction activities. So this time the loss is likely to be less as compared to last year.
Know how much damage can happen
Toll tax is levied on vehicles passing through National Highways. The government earns through this. But due to the traffic system being affected in the Corona period, toll tax has also been affected. According to the ICRA report, in the year 2019-20, there was a toll collection of Rs 26,851 crore on the national highways. Whereas a year ago 24,396 crore toll collection was done. In such a situation, there may be a loss of Rs 2,455 crore. However, the report also claimed that the situation may improve from June, due to which the toll collection may also increase.
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