Company type | Electronic toll collection Fuel purchase payment Parking fees [1] National Park Entry Fees [2] |
---|---|
Founded | 4 November 2014 |
Headquarters | , India |
Area served | Pan-India |
Products | RFID Tags |
Owner | Indian Highways Management Company Limited |
Parent | Ministry of Road Transport and Highways |
Website | nhai |
FASTag is an electronic toll collection system in India, operated by the National Highways Authority of India (NHAI). [3] [4] It employs Radio Frequency Identification (RFID) technology for making toll payments directly from the prepaid or savings account linked to it or directly toll owner. It is affixed on the windscreen of the vehicle and enables one to drive through toll plazas without stopping for transactions. The tag can be purchased from official Tag issuers or participating Banks [5] which are Made in India [6] and if it is linked to a prepaid account, then recharging or top-up can be as per requirement. [7] The minimum recharge amount is ₹ 100 and can be done online. [8] As per NHAI, FASTag has unlimited validity. 7.5% cashback offers were also provided to promote the use of FASTag. Dedicated Lanes at some Toll plazas have been built for FASTag.
In January 2019, state-run oil marketing companies IOC, BPCL and HPCL have signed MoUs enabling the use of FASTag to make purchases at petrol pumps. [9]
As of September 2019, FASTag lanes are available on over 500 national and state highways and over 54.6 lakh (5.46 million) cars are enabled with FASTag. [10] Starting 1 January 2021, FASTag was to be mandatory for all vehicles but later the date was postponed to 15 February 2021. [11] FASTag transactions were valued at ₹5,559.91 crore in January 2024 with 33.138 crore in volume terms. [12]
Toll Gate Payment collection status [2017-2022] [25] [26] | |||
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Period | Toll Gate Payment collection status Total(Cr.) | Fastag Method collection (Cr.) | |
2016-17 | 17942.14 | 871 | |
2017-18 | 21948.13 | 3532 | |
2018-19 | 24396.20 | 5956 | |
2019-20 | 26850.71 | 10957 | |
2020-21 | 27744.15 | 25291 | |
2021-22 | 34535 | 33274 |
The Golden Quadrilateral is a national highway network connecting several major industrial, agricultural and cultural centres of India. It forms a quadrilateral with all the four major metro cities of India forming the vertices, viz., Delhi (north), Kolkata (east), Mumbai (west) and Chennai (south). Other major cities connected by this network include Ahmedabad, Bengaluru, Balasore, Bhadrak, Bhubaneswar, Cuttack, Berhampur, Durgapur, Faridabad, Guntur, Gurugram, Jaipur, Kanpur, Pune, Kolhapur, Surat, Vijayawada, Eluru, Ajmer, Visakhapatnam, Bodhgaya, Varanasi, Prayagraj, Agra, Mathura, Dhanbad, Gandhinagar, Udaipur, and Vadodara. The main objective of these super highways is to reduce the travel time between the major cities of India, running roughly along the perimeter of the country. The North–South corridor linking Srinagar and Kanyakumari, and East–West corridor linking Silchar (Assam) and Porbandar (Gujarat) are additional projects. These highway projects are implemented by the National Highway Authority Of India (NHAI). At 5,846 kilometres (3,633 mi), it is the largest highway project in India and the fifth longest in the world. It is the first phase of the National Highways Development Project (NHDP), and consists of two, four, and six-lane express highways, built at a cost of ₹600 billion (US$7.5 billion). The project was planned in 1999, launched in 2001, and was completed in 7 January 2012.
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