Category: Roads/Highways

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FASTag: Datafication of India’s Tolls

FASTag itself is the brand name for the electronic toll collection (ETC) system operated by the National Payments Corporation of India (NPCI) along with various banks and Indian Highways Management Company Limited (IHMCL). As...

FASTag will hasten road assets sale, says NHAI 0

FASTag will hasten road assets sale

Electronic tolling through mandatory FASTag from December 15 should help accelerate monetising road assets in favour of global investors under the toll-operate transfer (TOT) model. HYDERABAD: India’s big push for electronic tolling through mandatory FASTag...

Highways Ministry urges RBI to exempt FASTags from KYC norm 0

RBI to exempt FASTags from KYC norm

Currently, vehicle owners need to give details of the vehicle, including its registration proof, and also relevant documents for individual identity and address to acquire FASTags. This process takes about 5-10 minutes. As per...