FASTag: NHAI’s Daily Collection Hits All-Time High Of Rs 193.15 Crore on April 29

0
30
FASTag: NHAI’s Daily Collection Hits All-Time High Of Rs 193.15 Crore on April 29


FASTag makes use of radio-frequency identification know-how, which offers customers a easy crossover at toll plazas with out halting.

Since FASTag was mandated by the federal government in February 2021, the variety of toll plazas beneath the FASTag programme has elevated from 770 to 1,228

The National Highways Authority of India (NHAI) on Tuesday mentioned the day by day toll assortment by the FASTag system reached an all-time excessive of Rs 193.15 crore on April 29, with 1.16 crore transactions recorded in a single day.

Since FASTag was mandated by the federal government in February 2021, the variety of toll plazas beneath the FASTag programme has elevated from 770 to 1,228, together with 339 state toll plazas, the NHAI  mentioned in a press release.

FASTag makes use of radio-frequency identification (RFID) know-how, which offers customers a easy crossover at toll plazas with out halting. The fee is made digitally by the FASTag linked to the financial institution pockets.

In addition to its effectiveness in toll assortment, FASTag has additionally facilitated seamless and safe contactless fee for parking charges at over 140 parking heaps in 50+ cities throughout India, NHAI added.

NHAI additionally mentioned it’s actively working in the direction of finalising the mandatory necessities for implementation of Global Navigation Satellite System (GNSS) primarily based tolling system for permitting free-flow tolling system in India.

Read all of the Latest Business News, Tax News and Stock Market Updates right here



Source hyperlink