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
The government on Monday said it has started a pilot project for using FASTag for parking purpose at Hyderabad airport. The pilot project has been launched in two phases, the first being a controlled pilot testing, wherein only ICICI tags would be used, the Ministry of Road Transport & Highways said in a statement. The second phase of pilot project for using FASTags for parking purposes at Hyderabad airport shall cover all other issuer bank tags. This has been done to ensure the benefits of FASTag beyond tolling. Conceptualised as FASTag 2.0, it covers parking payments, fuel payments, etc, the statement said. "After Hyderabad, the project will be launched at the Delhi airport. Other banks like SBI, Axis, HDFC and IDFC are also in talks with airports in Mumbai, Bengaluru and few of the malls to launch FASTag 2.0," it said. The National Electronic Toll Collection programme, the flagship initiative of Ministry of Road Transport and Highways, has been implemented on pan India basis ...
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
The tag employs RFID technology and is affixed on the vehicle's windscreen after the tag account is active
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