FASTag daily toll collection hits all-time high, crosses 193 crore-mark

Mangalore Today News Network

New Delhi, May 03, 2023: The National Highways Authority of India (NHAI) on Tuesday revealed that the daily toll collection via the FASTag system reached an all-time high of Rs 193.15 crore on April 29, with 1.16 crore transactions recorded in a single day. The implementation of the FASTag system for toll collection in India has been a resounding success, with a consistent growth trajectory.

 

FASTag has also facilitated seamless and secure contactless payment for parking fees at over 140 parking lots in more than 50 cities across the country.

FASTag was mandated by the government in February 2021. The number of toll plazas under the FASTag programme has increased from 770 to 1,228, including 339 state toll plazas. With a penetration rate of around 97 percent and over 6.9 crore FASTag issued to users, the system has significantly improved the user experience by reducing waiting times at NH Fee Plazas.

The consistent and progressive adoption of the FASTag by highway users has not only enhanced the efficiency of toll operations but also led to a more precise valuation of road assets, attracting further investment in India’s highway infrastructure.

A FASTag allows a user to pay the highway fee electronically without having to stop at the toll collection booths set up by the highway operators.

It provides a seamless and hassle-free tolling experience for all road users.

Courtesy: India Today