FASTag Sale Grows by 330 Per Cent; Over 70 lakh Issued Till Date

Speed Post News Network

New Delhi : Over 70 lakh FASTags have been issued till date with highest issuance of 1,35,583 Tags on November 26, 2019, whereas 1.03 lakh Tags were issued on the day before. The average daily issuance has grown by 330 per cent from 8,000 in July to 35,000 sold in November 2019.

After announcement of waiver of Tag cost from November 21, there has been a growth in FASTag issuance of over 130 per cent. FASTag is accepted on 560+ Toll Plazas and more number of plaza are getting added on daily basis.

National Electronic Toll Collection (FASTag) programme, the flagship initiative of the Ministry of Road Transport and Highways and NHAI has been implemented on pan India basis to remove bottlenecks and ensure seamless movement of traffic and collection of user fee as per the notified rates using passive Radio Frequency Identification (RFID) technology.

To give a major fillip to enhance digital payments and bring in an enhanced transparency, it has been mandated to declare all lanes of fee plazas on National Highways as “FASTag lanes” by December 1, 2019, while provisioning one lane (in each direction) which would be kept as hybrid lane to accept FASTag and other modes of payment.

With the above mandate, average daily transactions processed through FASTag have grown from 8.8 lakh in July this year to 11.2 lakh transactions in November 2019, while the average daily collection has grown from Rs 11.2 Crore to Rs 19.5 Crore for the given period, according to a PIB release

Certain commuters face difficulty at Toll Plaza due to low balance in FASTAg.  To mitigate such difficulty, commuters are advised to maintain sufficient balance in the account/wallet linked to FASTag.  All the available mode of recharge like Debit Card/Credit Card, Net-Banking and UPI have been enabled for loading money to the FASTag account.