Ministry of Road Transport & Highways to roll out Electronic Toll Collection
Ministry of Road Transport & Highways will roll out Electronic Toll Collection (ETC) programme in the country under the brand name “FASTag”.
Ministry of Road Transport & Highways has decided to roll out Electronic Toll Collection (ETC) program in the country under the brand name “FASTag”. ETC entails payment of highway tolls electronically without needing to stop the vehicle at the toll plazas. The unique number of the RFID Tag affixed on the wind shield of the vehicle will be read by the readers fitted in the dedicated “ETC” lanes of plazas and appropriate amount as per the class of vehicle will be automatically deducted from the account of the user. The dedicated ETC lanes will have colour coding for distinct identity recognized as “FASTag lanes”.
ICICI Bank and Axis bank, engaged for providing Central Clearing House (CCH) services, would distribute RFID based “FASTag” through their franchises/agents and at points of sales near the toll plazas. Road users can enrol and get “FASTag” affixed on their vehicles at designated toll plaza locations or Point of Sale (POS) stations of Axis bank and ICICI bank. Such type of highway tag brands are common in developed countries and are known by different names like “Eazee Pass”, “SunPass” in the US, “e-Pass” in Australia, “Salik” in Dubai etc
You might also like
AAI plans national strategy for airports development
Pursuing ambitious expansion plans, the Airports Authority of India is preparing to commence “mega projects of new terminal buildings” at 14 aerodromes this year. State-owned AAI plans to have a
Bird Group wants to fly off with Air India’s ground-handling arm
Travel services firm Bird Group has expressed interest in acquiring Air India’s profit making ground-handling subsidiary, becoming the second suitor for the whole or part of the national carrier that
Kempegowda International Airport to become India’s first Aadhaar-enabled airport by December 2018
The airport plan to complete the project ‘Aadhaar-enabled entry and biometric boarding system’ by December 31, 2018. An Aadhaar-enabled entry system is likely to be put in place at the