SRINAGAR, Dec 27: As the National Highways Authority of India has introduced new toll rates at the Nashri Tunnel toll post on Srinagar-Jammu highway, the cost of travel for trucks, public transport and car owners is likely to go up.
According to the official notification received by Ziraat Times, here are the new rates on various categories of vehicles, taking effect from December 23, 2023:
Vehicle Type | Single Journey (Through FASTag) | Return Journey (Through FASTag) | Monthly Pass (50 Journey) | Commercial Vehicles Registered Within the District (Excluding Vehicles Plying Under National Permit) |
---|---|---|---|---|
Car, Jeep, Van or LMV | Rs 160 | Rs 240 | Rs 5315 | Rs 80 |
LCV, LGV or Mini bus | Rs 260 | Rs 385 | Rs 8585 | Rs 130 |
Bus or Truck (2 axle) | Rs 540 | Rs 810 | Rs 17990 | Rs 270 |
Three Axle Commercial Vehicle | Rs 590 | Rs 885 | Rs 19625 | Rs 295 |
HCM or EME or MAV (Four to Six axle) | Rs 845 | Rs 1270 | Rs 28215 | Rs 425 |
Oversized vehicles (Seven or more axles) | Rs 1030 | Rs 1545 | Rs 34350 | Rs 515 |
How business, trade and industry see the hike?
The toll increase will raise the cost of transporting goods through the tunnel, impacting businesses that rely on road transportation. This could lead to higher prices for consumers as businesses pass on the increased costs, said Sumit Kumar, a trader who supplies several commodities to Kashmir region.
Such a hike is likely to result in higher cost of goods in Kashmir province in the months to come. The cost of Kashmir apples reaching various destinations in the country is also likely to go up significantly with the introduction of the new toll rates.
Similarly, cost of public transport and private travel is likely to go up on the highway.
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