Mandatory FASTag Will Save A Tune of Rs 20k cr on fuel cost per annum!

Tue Mar 02 2021 15:48:33 GMT+0530 (IST)

Minister for Road Transport & Highways Nitin Gadkari launched a live monitoring system on Monday that helps in monitoring the condition of the toll plaza across the country.

While launching the system, the Transport Minister said it helps in bringing perfection in the usage and construction of highways.

Talking about the FASTags for vehicles on highways, Nitin Gadkari said FASTags have helped in reducing the waiting at the plazas. It will also result in saving as much as Rs 20,000 cr every year on fuel expenses, the Minister said.

The Center has made the toll plaza payments on highways through FASTag mandatory from the 16th of February this year. With no option left, the vehicle owners and travelers have been using FASTags since then.

According to the information shared by the National Highways Authority of India (NHAI), making FASTag mandatory had resulted in a rose of collections at the toll plazas and the daily collections had clocked over 100 crores nationwide.

The Minister said a new toll system powered by GPS will be introduced. According to the new system, the commuters will have to pay toll prices only for the distance they cover. The toll price will be fixed based on the entry and exit points of the vehicle. The new system will be launched in the next two years, the Minister said.

Nitin Gadkari stressed the pros of live monitoring at the toll plazas by citing the example of a security scare at Ambani's residence. He said details of the vehicle can be gathered if they can know from which toll plaza the vehicle entered.