Fastags

Total toll collection via FASTag grows 46% to Rs 50,855 cr in 2022: NHAI

Total toll collection through FASTag on fee plazas, including state highway toll plazas, increased 46 per cent to Rs 50,855 crore in 2022, state-owned NHAI said on Tuesday. Total toll collection through FASTag on fee plazas, including state highway toll plazas, in 2021 was Rs 34,778 crore. The average daily toll collection through FASTag on NH fee plazas in December 2022 was Rs 134.44 crore, and the single day highest collection touched Rs 144.19 crore on December 24, 2022, the National Highways Authority of India (NHAI) said in a statement. Similarly, the statement said the number of FASTag transactions also witnessed a growth of about 48 per cent year-on-year in 2022. The number of FASTag transactions in 2021 and 2022 was 219 crore and 324 crore, respectively, it added. The statement said with 6.4 crore FASTags issued as of date, the total number of FASTag-enabled fee plazas across the country also grew to 1,181 (including 323 state highway fee plazas) in 2022 from 922 in the ..

No data available on faulty FASTags, penalties collected from users: NHAI

State-owned NHAI has no information about faulty FASTags and the penalties collected from motorists in case their FASTags are non-functional at highway toll plazas. In case a motorist does not have a FASTag or it is non-functional, then the person has to pay double the toll charges at toll plazas. According to the National Highways Authority of India (NHAI), more than 6 crore FASTags have been issued as on October 31, 2022. However, it has no information about the number of faulty FASTag cases and the total amount of penalty collected from users despite having their vehicles fitted with the Radio Frequency Identification (RFID) tag. In response to RTI queries about the number of faulty FASTag cases and the amount of penalties collected from the users for non-functional FASTags, NHAI said, "no such data is available". "Total no. of 60,277,364 FASTags have been issued till 31.10.2022," it said in response to an application filed by PTI under the Right to Information Act. A FASTag a

FASTags to be replaced by automatic number plate readers: Nitin Gadkari

Automatic number plate reader cameras will read the number plates of the vehicles and automatically deduct the money from the owner's bank account

FASTag in fast lane: Spike in adoption lifts toll collection past Rs 33K cr

Adoption of fastag by travellers in the country has recorded a significant rise following the declaration of all lanes of fee plazas on National Highways as FASTag Lane

FASTag collections top Rs 4,000 crore in March, FY22 mop-up Rs 38,000 crore

Almost a third of the toll revenue came in the last quarter of the financial year alone

TMS Ep110: Online gaming, Kulmeet Bawa, markets, in-car payment

What's the future of online gaming with stakes? How does Kulmeet Bawa plan to double India's contribution for SAP India? What lies ahead for India Inc amid slowing Q3 earnings? What's in-car payment?

What is FASTag technology and how has it made life easier on highways?

FASTags are prepaid rechargeable tags affixed on the windshield of vehicles for toll collection on national highways. They work with Radio Frequency Identification (RFID) technology

What happens when an entrepreneur sets his mind on solving parking woes?

For most, Amit Lakhotia's Park+ is an app for parking spots discovery, booking and payments; others know it as the firm behind automated entry-exits gates at apartments and malls

NHAI income per FASTag declines 8% as compliance rises, shows data

The number of vehicles, which was rising since the start of the year, dipped to 116.48 million in May when a majority of the states imposed lockdowns to curb the spread of coronavirus

Paytm Payments Bank achieves milestone of issuing 10 million FASTags

Paytm Payments Bank on Wednesday said it has become the first bank in the country to achieve the milestone of issuing 1 crore FASTags. According to NPCI, over 3.47 crore FASTags were issued by all banks together till the end of June 2021. Paytm Payments Bank (PPBL) now has close to 28 per cent share as FASTag issuer bank, it said. "In the last 6 months alone, PPBL has equipped over 40 lakh commercial & private vehicles with FASTags. "Besides this, Paytm Payments Bank is also India's largest acquirer of toll plazas for the National Electronic Toll Collection (NETC) program offering an interoperable nationwide toll payment solution," it said in a statement. According to PPBL, 280 out of the total 851 toll plazas across the national and state highways are now using its payment gateway to collect toll charges digitally. "Paytm Payments Bank is also working closely with NHAI for testing and implementing multi-lane free-flow movement using automatic number plate recognition ...

Daily toll collection via FASTag reaches level recorded before second wave

The toll collection across the country through FASTag touched Rs 103.54 cr with 6.3 mn transactions on July 1, 2021

Chaos at toll plazas as commuters grapple with enforcement of FASTags

In the absence of the FASTag, the vehicle owner has to pay double the toll amount as penalty to pass through the plaza

NHAI transitions to 100% cashless toll through mandatory FASTags

With nearly 60 lakh transactions, the per day toll collection through FASTag crossed the highest ever mark of Rs 95 crore on February 17, 2021

LIVE: Delhi cops blame three for toolkit, say Disha Ravi sent it to Greta

Police claims that the organisation behind the "toolkit" shared by Greta had contacted Nikita to organise a 'tweet storm' ahead of R-Day protest by farmers. Stay tuned for Latest LIVE news updates.

Paytm Payments Bank leads cashless toll market with six million FASTags

Has now enabled cashless toll payments across 250 plazas in the country

FASTag to be mandatory for vehicles from January 1: Nitin Gadkari

FASTags will be mandatory for vehicles from January 1, 2021, Union minister Nitin Gakdari said

Paytm Payments Bank issues 5 mn FASTags, aims to double in 3 months

PPBL is also enabling automatic cashless payments at 211 toll plazas across the country and has become the largest acquiring bank under National Electronic Toll Collection (NETC) programme

Paytm Bank partners with Ola, Uber, for FASTags to 100,000 drivers

PPB has set up 12 camps at Uber Green zones across different cities for drivers to purchase and use FASTags

NHAI records highest daily toll collection as FASTag sales double in Dec

FASTags-based toll collection system has been rolled out across over 527 national highways

FASTag rollout: Doubts galore; uncertainty over toll plaza attendants' jobs

At present, FASTags are being rolled out on National Highways. Maharashtra State Road Development Corporation (MSRDC) operates the Vashi Bridge