Fastag Annual Pass: What is it, how it affects existing users and more | All you need to know | Today news
The government is considering an annual toll collection system with a payment of £ 3,000 for unlimited travel on highways, which recharges Fastag. The policy also proposes distance -based prices and barrier toll huts to improve traffic flow with the aim of simplifying travel on national highways, according to a report from The Times of India. Here is everything you need to know about the proposed policy-one-time payment system owners will be allowed to make a one-time payment of INR 3,000 to travel unlimited distances on all national highways, highways and state highways, according to the proposed policy. After implementing this policy, Fastag Recycle will not be necessary for travel across the country. Remote-based prices The policy represents a “pay-as-you-go model” at £ 50 per 100 km, convenient for those who do not travel regularly. What about existing Fastag users? The vehicle owners can move to the new system without showing any additional documents or account changes. The Fastag users can move to the new policy with their running accounts. In addition, the earlier policy of making a Lifetime Fastag with a one -time payment of £ 30,000 for 15 years has been scrapped. No barriers to toll huts according to the proposed policy, toll huts will not have physical obstacles, and the existing sensor -based systems will be phased out. This initiative is expected to make travel more seamless and fast. In addition, the barrier toll huts will facilitate traffic congestion and reduce fuel consumption. What happens to toll income? If implemented, the latest policy is expected to influence the toll revenue of highway contractors. As a result, the Ministry of Road Transport and Mort Courthes (Morty) will formulate a remuneration plan based on digital travel data. Banks will gain more authority to combat toll evasion by introducing various measures. However, the government did not give the official confirmation on the latest toll collection policy. Livemint was unable to verify the report independently.