FASTAG LANES
After proposing no tolls for poor highways, Nitin Gadkari asks officials to work on passes for cars
Union Road Transport Minister Nitin Gadkari has proposed the introduction of monthly or annual passes for cars on the National Highway network to simplify toll collection and reduce commuter hassles. This suggestion comes alongside his call for tolls to be waived on poorly maintained highways, emphasizing the need for quality service before collecting tolls.
Paytm Bank slows down in Fastag lane; q-comm in soup over food safety
Happy Friday! Banks are gaining ground in the toll payments space as Paytm Payments Bank’s market share continues to plummet. This and more in today’s Morning Dispatch.
Road ministry to roll-out satellite based toll collection on highways soon
The National Highways Authority of India, under the ministry of road transport and highways, has invited bids for to develop and implement GNSS-based electronic toll collection system in India, first on commercial vehicles and extended to private vehicles over the next two years.
Highway tolls to use satellite-based technology soon; Here's how it works and other details?
India is set to introduce a new satellite-based toll collection system, a global first. Using GNSS and GPS, this system charges vehicles based on the distance traveled, eliminating toll plazas and improving the commuter experience. Unlike FASTag, it operates on the Global Navigation Satellite System, offering precise tracking. This innovation aims to modernize toll collection, potentially increasing revenue to Rs 1.40 trillion in the next few years. Despite challenges, such as infrastructure upgrades, this system signals a significant advancement in India's transportation sector.
Govt to soon change this toll gate rule on highways: Here's the visible difference you may witness
The government is considering removing large hoardings at NH toll plazas, aiming to eliminate VIP culture. The proposal emerged in a recent meeting and could become a priority. Advocates argue that the hoardings are unnecessary as the government has provided FASTags for exemptions. NHAI is also considering allocating a separate lane for exempted vehicles. Prithvi Singh Kandhal criticized the wasteful expenditure, calling for reform.
Toll collection on national highways surpassed Rs 50,000 crore till January-end this FY
This fiscal year will see record toll collection of about Rs 62,000 crore aided by increase in tolled roads and addition of new FASTag users.
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FASTag slashes average waiting time by 93% to 47 seconds: India to World Bank
At a meeting with World Bank officials this week, the government said it plans to add 30,000 km of additional railway tracks by FY31, increase port capacity to 2,200 mtpa by 2030 from 1,617 mtpa last year, and expand the national highways network to 185,000 km by 2030, of which 75,000 km would be four-lane and above.
Awarding of contracts for national highway construction in slow lane in H1: Report
A new Vision 2047 may replace Bharatmala Phase 2, bringing in a flurry of greenfield projects in the sector, which have higher capital intensity. While fastag revenues have shown a strong growth of 24 per cent year-on-year in the April-September period, high frequency indicators such as GST and fuel consumption indicate that FY24 will register record toll revenues of Rs 67,000 crore, the SBICAPS report stated.
Fine for over speeding on this expressway may be directly deducted from FASTag. Read to know more
Fines from FASTag accounts are currently directed towards the NHAI, but the new plan aims to deposit the deducted fines directly into the government's account. Due to the increasing number of accidents on the expressway, the police department has installed interceptors and imposed a speed limit of 100kmph to promote safer driving practices.
High Court seeks Centre's response on plea asking banks to pay interest on FASTag collected money
The Delhi High Court has sought response of the NHAI and the Centre on a plea seeking to direct banks to pay interest to the authorities on the money collected by them with the issue of FASTag and minimum balance requirement on the card. A bench of Chief Justice Satish Chandra Sharma and Justice Subramonium Prasad issued notices to the National Highways Authority of India (NHAI) and the Ministry of Road Transport and Highways (MoRT&H)
How ICICI Bank customers can set up UPI mandate to recharge the FASTag automatically
This feature gives customers another choice for fully digitally and automatically recharging their FASTag in accordance with pre-defined interval.
HC asks NHAI to respond to plea challenging collection of double toll tax from vehicles without FASTag
FASTag is a device that employs Radio Frequency Identification (RFID) technology for making toll payments directly while the vehicle is in motion. FASTag (RFID Tag) is affixed on the windscreen of the vehicle and enables a customer to make the toll payments directly from the account which is linked to it. The plea said these rules and the circular convert all the toll lanes to 100 per cent FASTag lanes with the consequence that commuters not having a functional FASTag are compelled to pay double the toll amount.
FASTag toll collection touches Rs 4,218.89 crores in April 2022
Compared with April 2021, the number of FASTag transactions increased by 61.87 per cent while the collections rose by 51.93 per cent in the month under review.
Paytm Payments Bank crosses 1-crore FASTags mark
"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," Paytm Payments Bank said in a statement.
After long delay, FASTag begins on Yamuna Expressway
A key agreement for installation of the FASTag system, which has already been installed on government-managed National Highways, was signed on March 15 between the YEIDA, JIL and IDBI bank, the officials said.
NHAI issues guidelines for toll plazas to reduce waiting time
Noting that although at most of the toll plazas, there is no waiting time after the mandatory 100 per cent FASTag, the NHAI said, "even then if there is a queue of waiting vehicles of more than 100 metres due to some reason, the vehicles will be allowed to pass without paying toll till the queue comes within 100 meters from the toll booth".
Toll collections through FASTags inch closer to 90%
The NHAI turned all lanes of toll plazas on National Highways into FASTag lanes Monday onwards.
FASTag now mandatory: Details on how to get one, charges
Any vehicle without a FASTag, or an invalid FASTag entering into the FASTag lane would be liable to pay two times the fee applicable at the toll plaza.
All toll lanes at National Highways to turn into FASTag lanes Monday onwards
The Ministry of Road Transport & Highways in a statement said it has decided that all lanes in the fee plazas on National Highways shall be declared as 'FASTag lane of the fee plaza' from midnight of 15th/16th February 2021.
Toll collection through FASTag in Dec increases by over Rs 200 cr to Rs 2,304 cr
The increased revenue comes after the government announced mandatory rollout of FASTag from January 1, 2021, though it has allowed hybrid lanes on National Highways till February 15 to avoid inconvenience to people.
FASTag rollout: Hybrid lanes at NH toll plazas to remain operational till Feb 15
"Ministry of Road Transport & Highways has mandated fitment of FASTag with effect from 1st January, 2021, in M and N categories of motor vehicles sold before 1st December, 2017," the ministry said in a statement on Thursday.
Government extends deadline for use of FASTag till February 15
Currently, the share of transactions by FASTag is hovering around 75-80%. In a communication to NHAI, the ministry has said the highways authority can obtain the needed regulatory requirement from it for ensuring 100% cashless fee collection from February 15.
In two years, all highway toll plazas will be barrier free: Nitin Gadkari
With the help of Russian Government we have accepted the GPS system and in the next two years we will have a toll collection system running on GPS technology,” Gadkari said at the Assocham Foundation Week event.
These FASTag lanes to be temporarily converted to hybrid lanes
The relaxation is extended for 30 days from February 14, 2020, these 30 fee plazas have been allowed to operate up to 25 percent of all fee lanes as hybrid (cash plus FASTag) lanes during this period.
NHAI collects Rs 20 crore from 18 lakh defaulters entering FASTag lanes
In order to give prime importance to existing FASTag users, dissuade defaulters and further encourage adoption of FASTags by national highways commuters, vehicles without FASTags entering the FASTag lane are being charged double the toll fee, NHAI said in a statement.
Up to 25 per cent of FASTag lanes to be temporarily converted to hybrid lanes at NH toll plazas
The government earlier had announced rollout of mandatory FASTag under electronic toll collection from December 1, which was later extended to December 15, 2019.
Faster lane: Only FASTag payments at toll plazas from December 1
Indian highways are switching to electronic toll collection from Dec 1, in pursuit of a better driving experience.
E-tolling mandatory across national highways from December this year
In a letter sent to the NHAI, the highways ministry has asked for conversion of all toll lanes at all national highways to 'FASTag lanes'.
Paying cash at toll plaza may put you in the slow lane
Soon, there will be longer queues at tolls as the government looks to promote FASTags and prune cash transactions.
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