Note ban: Govt extends suspension of toll charges on National Highways till 1 December
The government on Thursday announced it was extending the suspension of fee collection at all toll plazas on National Highways in the country until 1 December.
New Delhi: The government on Thursday announced it was extending the suspension of fee collection at all toll plazas on National Highways in the country until 1 December.
"Toll suspension is extended until 1 December midnight across all national highways," Minister of State for Road Transport and Highways, Shipping, Chemicals and Fertilisers Mansukh Mandaviya tweeted.
Toll suspension is extended till 1st December midnight across all National Highways.
— Mansukh Mandaviya (@mansukhmandviya) November 24, 2016
Earlier, the government suspended fee collection at all toll plazas on National Highways till the midnight of 11 November. This was subsequently extended thrice – and the last extension was to end on the midnight of 24 November.
The Ministry had previously said that instructions for the suspension of fee collection had been issued to all the concessionaires, including BOT (build-operate-transfer), OMT (operate-maintain-transfer) operators and other fee collection agencies.
The decision has been taken to avoid any inconvenience to highway users following the demonetisation of Rs 500 and Rs 1,000 currency notes.
On 22 November, the government had also extended the suspension of vehicle parking charges at all airports till the midnight of 28 November.
Even, the Indian Railways have waived off service charges for 'e-tickets' and 'i-tickets' booked through Indian Railway Catering and Tourism Corporation (IRCTC) until 31 December.
If the ordinance, to be taken up by the Cabinet today, specifies the date for demonetisation as 30 December, that will mean prime minister Narendra Modi and RBI are going back on another promise they made
The ordinance is being brought as it was found to be necessary to prevent future litigations against the government for junking Rs 500 and Rs 1,000 notes
"The steep downward revision of Q3 FY16 has in turn led to higher growth in Q3 FY17, thus masking the impact of demonetisation in the Q3 figures," the economic research department of country's largest lender SBI said in a note.