Tagged: Radio-frequency Identification

1.10 crore FASTags issued till date for electronic toll collection on national highways 0

1.10 crore FASTags issued till date

Pan-India roll out of electronic toll collection on national highways (NHs) has resulted in issuance of 1.10 crore FASTags till date, as per NHAI. NEW DELHI: The pan-India roll out of electronic toll collection...

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...