HomeNews News Toll collections fall 20% to Rs 644 crore  post demonetization Toll collections fall 20% to Rs 644 crore post demonetization

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Toll collections fall 20% to Rs 644 crore  post demonetization

Toll collections fall 20% to Rs 644 crore post demonetization

Friday, February 17, 2017, 10:45 AM
Toll collections on India’s major roads dropped by 20% in the three months to December 2016, due to cash crunch caused by demonetization. Collections of 19 roads reduced Rs 644 crore, from Rs 804 crore in October-December 2015, hurting the profits of several companies. Collections were not possible for nearly 25 days due to the shortage of cash.
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