‘FASTag fee collection reaches Rs 80 crore per day’: NHAI
Electronic toll collection through FASTags has exceeded Rs 80 crore a day with record transactions of 50 lakh per day and more than Rs 2.20 crore FASTags issued so far, the National Highway Authority of India said on Friday. (NHAI). Center has made FASTags mandatory for all vehicles as of January 1, 2021.
“Since FASTag is mandatory for vehicles as of January 1, 2021, the NHAI has made all the necessary arrangements to provide a smooth movement of vehicles in Fee Plazas. The adoption of FASTag has helped road users save time and fuel at toll plazas. The digital transaction has received the necessary boost through the recent amendment to the Central Motor Vehicle Rules, ”said the NHAI.
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FASTag, a radio frequency identification (RFID) sticker, typically affixed to the windshield of a vehicle, allows toll booths to wirelessly and automatically deduct the fee, thus not requiring the vehicle to stop. The tags were made mandatory for all new cars sold after December 1, 2017, as a measure to encourage digital payments and free up congestion at toll booths.
In a move intended to provide a major push to improve digital payments and reduce bottlenecks on national highways, the Center had mandated that all toll plaza lanes on national highways be declared “FASTag lanes” for December 2019.
“As social distancing has become the new norm, commuters increasingly view FASTag as a toll payment option, since it negates the chances of any human contact between drivers and toll operators. Being an inclusive technological tool for the collection of tolls on highways, FASTag is a more practical and beneficial option, ”said the NHAI.