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Beware! Incorrect FASTag placement doubles costs, risks car blacklisting

Business Standard LogoBusiness Standard5h ago

Beware! Incorrect FASTag placement doubles costs, risks car blacklisting - Business Standard

Quick Summary:

Issuer banks have also been directed to ensure that FASTags are affixed to the assigned vehicle's front windshield at the time of issuance from various Points-of-Sale (POS).

With a penetration rate of around 98% and over 80 million users, FASTag has significantly improved the Electronic Toll Collection system in India.

Currently, user fees are collected for approximately 45,000 km of National Highways and Expressways at around 1,000 Toll Plazas nationwide.4.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-19 @ 10:19:24 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 558 words

Reading Time: 4 minutes read

Sentences: 31 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21680812

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About Business Standard

Business Standard Logo

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 241 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 4 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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