Gadkari said the revenue generation through FASTag system is pegged at Rs 10 crore at present
Last month, the govt had said from December 1 it would be mandatory for automobile manufacturers or authorised dealers to fix FASTag devices on the windscreens of all new four-wheelers
A FASTag is a device that employs Radio Frequency Identification (RFID) technology for making toll payments directly from the prepaid or savings account
Thrust on technology has put the spotlight back on road projects
The proposed amendment also provides that driving licence and pollution control certificates can be carried in physical or digital form
ICICI, however, seems to have a lion's share of the market
The tag employs RFID technology and is affixed on the vehicle's windscreen after the tag account is active
After December 1, non-FASTag users will be charged double the fee if they pass through FASTag-only lanes
The bank said in September, it witnessed 15.4 million transactions totaling Rs 395 crore being undertaken by its 2 million customers
The FASTag programme is being implemented pan-India to remove bottlenecks and ensure seamless movement of traffic
The National Electronic Toll Collection (FASTag) programme has been implemented nationally to remove bottlenecks and ensure seamless movement of traffic
He said 537 toll plazas have become 100 per cent electronic toll collection compliant including 17 where FASTags will be read through hand-held devices
Almost 90 per cent toll plazas are ready with FASTag infrastructure as of now and only some new toll plazas will face teething issues, the minister said