The hybrid lane will accept FASTag and other modes of payment
PPB said it sold 6 lakh tags in the month of November, and claimed that it has equipped over 1.85 million vehicles with FASTags
It has given a major fillip to the Digital India initiative by converting cash toll payments to electronic and brought in an enhanced transparency in entire tolling ecosystem, the ministry said
The most obvious beneficiary of this roll-out will be manufacturers of FASTags, or the Radio Frequency Identification chips
From December 15, 2019 FASTag will be mandatory. If FASTag is missing from your vehicle, the driver will have to pay double the toll tax
The govt hopes this December will mark the beginning of change over at the national level to an entirely electronic system of toll collections on India's national highways
The government had extended the date for making FASTag mandatory for toll payments on national highways to December 15 from December 01
Online marketplaces, which are selling FASTags are seeing a brisk business
The date has been extended by 15 days to give people more time to enable their vehicles with FASTag
The Ministry of Road Transport and Highways had earlier announced that from December 1, toll payments on highways would be accepted through FASTags only
Since FASTag is mandatory, it's better to understand its risks; linking it to your savings will lead to balance being deducted from your bank account
77% surge in enrolment for e-tolling after November 8
FASTag offers near non-stop movement of vehicles through user plazas and cashless toll fee payments
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