The Centre is decided to lengthen the closing date for 100 p.c sequence of toll prices on the national Toll road (NH) network through FASTag. Earlier it used to be believed that that National Highways Authority of India (NHAI) will quit away with money transactions for paying toll prices from 1 January.
In step with a report within the Cases of India, the extension might maybe maybe be as a minimal for a month since heaps of commuters are peaceable paying money for toll prices on the freeway. As per the report, the part transactions by FASTag at snort is between 75-78 p.c.
An professional informed the publication that money is a actual mode of transaction and no one can even be denied to pay in money. In step with the professional, the satisfactory option is to put into effect the MV Rule strictly, which has made FASTag primary. The professional added that most modern months contain seen a vital upward push within the quantity of commuters the usage of FASTags.
The FASTag is a sticker that has an constructed-in radio-frequency Identification (RIFD) barcode linked to registration crucial points of respective vehicles. When passing through a toll plaza, FASTag readers at the repute be taught the barcode and deduct the satisfactory quantity accordingly. The FASTag will remain professional for a duration of 5 years ranging from the date of issuance.
In step with news company PTI, FASTag used to be launched in 2016 and four banks came together to stress almost a lakh FASTags. By 2017, there were seven lakh FASTags readily obtainable and in 2018, 34 lakh FASTags were issued. The report extra added that from 1 April, 2021, an knowledgeable FASTag might maybe maybe be made obligatory for getting contemporary third social gathering insurance as successfully.