November 22, 2024 17:13 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Chhattisgarh: 10 Maoists killed during encounter with security forces in Sukma | Baba Siddique murder case: Arrested Akashdeep Gill used a labourer's hotspot to evade tracking, say police | Donald Trump picks 'smart and tough' Pam Bondi as new US Attorney General after Matt Gaetz withdraws | Canadian government denies media report that claims PM Modi knew of Khalistani leader Nijjar's killing | PM Modi bestowed Dominica's highest award at India-CARICOM Summit
Daily toll collection through FASTag reaches record high of over Rs. 193 cr
FASTag

Daily toll collection through FASTag reaches record high of over Rs. 193 cr

| @indiablooms | 02 May 2023, 05:57 pm

New Delhi: The daily toll collection through the FASTag system achieved a historic milestone, reaching an all-time high collection of Rs 193.15 crore with 1.16 crore transactions recorded in a single day on April 29, the Ministry of Road Transport & Highways.

Since FASTag was mandated by the government in February 2021, the number of toll plazas under the FASTag programme has increased from 770 to 1,228, including 339 state toll plazas.

With a penetration rate of around 97 percent and over 6.9 crore FASTag issued to users, the system has significantly improved the user experience by reducing waiting times at NH Fee Plazas.

The consistent and progressive adoption of the FASTag by highway users has not only enhanced the efficiency of toll operations but also led to a more precise valuation of road assets, attracting further investment in India's highway infrastructure.

In addition to its effectiveness in toll collection, FASTag has also facilitated seamless and secure contactless payment for parking fees at over 140 parking lots in 50+ cities across India.

The government remains steadfast in its commitment to providing a seamless and hassle-free tolling experience for all road users.

In this context, NHAI is actively working towards finalizing the necessary requirements for the implementation of the Global Navigation Satellite System (GNSS) based tolling system for allowing free-flow tolling system in India.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.