In addition to a drop in fuel bills, FASTag will also reportedly help boost royalty by Rs 10,000 crore per annum.
Paytm helps 2.5 lakh FASTag users with fast redressal mechanism to get a refund for wrong toll charges
According to Paytm Payments, the company has won 82 percent of cases on behalf of its FASTag users.
The ministry has clarified that this has been done to further promote fee payment through digital mode, reduce waiting time and fuel consumption, and provide for a seamless passage through the fee plazas
The FASTag is a sticker that has an integrated radio-frequency Identification (RIFD) barcode linked to registration details of respective vehicles.
Indian highways will be toll naka-free in two years, says Nitin Gadkari; collection to be done via GPS-based system
The toll will be deducted directly from the traveller’s bank account and the system will result in a toll income of Rs 1,34,000 crore for the NHAI
The radio-frequency identification (RFID) tag will make toll plaza payments quicker and reduce traffic.
FASTag is a radio-frequency identification (RFID) tag linked to your bank account for faster toll payments.
IHMCL, GSTN to ink pact to integrate Fastag with GST E-Way Bill System; deal to help monitor movement of vehicles
The GST Council has already accorded 'in-principle' approval for this integration.
The proposal, being worked out by the revenue department, will also help in preventing goods and services tax (GST) evasion by unscrupulous traders who take advantage of the loopholes in the supply chain
Government to officially launch SukhadYatra app for highway users to address concerns about the highway
SukhadYatra mobile app has been developed by National Highways Authority of India (NHAI) to empower the highway users
FASTags must on new cars from 1 Dec: Vehicle owners doubt effectiveness as system faulty, no designated lanes on highways
E-toll payments on highways could lead to faster movement and could be a huge boon to vehicles. Only if it was effective though.
Existing infrastructure such as FASTags could provide sustainable solutions to contain pollution and regulate traffic: Nandan Nilekani
Nandan Nilekani, the former head of the UIDAI feels that measures such as odd-even are unsustainable in the long run.
The notification follows amendment to Central Motor Vehicle Rules, 1989 by the central government as per powers vested in it under Motor Vehicles Act, 1989.