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NHA M-Tag Revenue increases to 110 Billion

NHA M-Tag Revenue increases to 110 Billion

by Syeda Amina
October 28, 2024
in Economy
0
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The Annual Revenue of the National Highway Authority has been increased by 100% from 64 billion to 110 billion rupees.

NHA M-Tag Revenue increases to 110 Billion. It is a historical and unique example in the income of any Government organization of Pakistan. Moreover, the toll plazas revenue collection has also been reached to 64 billion rupees from rupees 32 billion. It is another milestone regarding financial stability. Federal Minister for Communications, Privatization and Board of Investment Abdul Aleem Khan stated while presiding over a high-level meeting. He was visiting NHA Headquarters where he inspected National Traffic Operation Center.

On this occasion, Federal Minister Abdul Aleem Khan reviewed the traffic monitoring and control system on Motorways and directed to prepare report on daily basis of the revenue collection. He expressed satisfaction that on Lahore-Sialkot Motorway 99% vehicles have been shifted to avail M-tag facility. He directed that the camera monitoring should also be ensured from the number plate and sides of the vehicles and its data should also be available with the Secretary Communications and Chairman NHA. 

Federal Minister for Communications Abdul Aleem Khan directed to create awareness among masses regarding the use of M-tag. He wants more vehicles can benefit from this facility which saves time, prevents theft and reduces traffic pressure. Mr. Abdul Aleem Khan said that the performance of the last 6 months in terms of revenue collection is encouraging. It will help to make NHA financially independent and strong. For this he wants that NHA employees should be given bonus and financial rewards for record increase in revenue generation.

While he is offering praises on NHA for the record revenue collection. It may be imperative that the NHA is raising the toll tax on motorways on continuous basis for last several years. Recently, NHA increased the burden of toll tax on travelers on July 01, 2024.

Tags: M-TagM-Tag VehiclesMotorwaysNHARevenue
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