No FASTag, Toll Plaza Needed: Pay Toll Directly Via Satellite Deduction, GPS & Your Bank Account


Radhika Kajarekar

Radhika Kajarekar

Mar 31, 2024


The present toll collection system would be replaced by a satellite-based one, according to Union Minister of Road Transport and Highways Nitin Gadkari. 

No FASTag, Toll Plaza Needed: Pay Toll Directly Via Satellite Deduction, GPS & Your Bank Account

The new method would take tolls depending on car mileage and deduct tolls straight from bank accounts.

Toll Collection System To Be Replaced: Minister of Road Transport and Highways Nitin Gadkari

Gadkari stressed that commuters will save time and gasoline thanks to the satellite-based toll collecting system.

He gave the example of how the trip from Mumbai to Pune took only two hours instead of nine, saving a substantial amount of diesel. As per Mr. Gadkari, “Through this, time and money can be saved. Earlier, it used to take 9 hours to travel from Mumbai to Pune. Now it is a 2-hour journey. Seven hours of diesel get saved. Naturally, we have to pay some money in return. We are doing it through public-private investment. So we will have to return the money too.”

The average wait time at toll plazas has already dropped to 47 seconds since the FASTag system was implemented. By the end of 2024, Gadkari hopes to have India’s road system on par with the United States.

He declared that by the end of the year, India’s destiny will have changed for the better and expressed confidence in accomplishing this aim.

Regarding the Bharatmala-2 project, which intends to create almost 8,500 km of economic corridors, Gadkari gave updates. Approximately 26,000 km of economic corridors, as well as the Golden Quadrilateral, North-South, and East-West corridors, are the main goals of the Bharatmala Pariyojana. 

He stated, “Bharatmala-2 is a project of about 8,500 km, Bharatmala-1 included 34,000 km. Many schemes have been approved and many are to be done.”

10% Increase in Construction and Expansion of Operations

Gadkari emphasized how crucial these initiatives are to controlling the bulk of freight traffic on roadways. In comparison to prior years, he stated that there has been a 10% increase in construction and expansion operations on National Highways from April to November.

Nonetheless, this year’s allotment of new building projects has decreased by 52%.

Gadkari underlined the necessity of ongoing initiatives to enhance road infrastructure and expedite toll collecting procedures. At toll plazas, the satellite-based toll collection system seeks to streamline procedures and cut down on wait times. It will also help to improve general traffic flow and lessen congestion on the highways.

Gadkari emphasized the advantages of the new approach for commuter cost reduction and environmental conservation. The implementation of the new toll collection system is indicative of the government’s resolve to use technology to advance infrastructure.

The government’s emphasis on infrastructure development as a major engine of economic growth was reaffirmed by Gadkari. He underlined that in order to finance infrastructure projects and guarantee their timely completion, public-private partnerships are essential.

It is anticipated that the satellite-based toll collecting system will improve toll collection procedures’ efficiency and transparency.


Radhika Kajarekar
Radhika Kajarekar
  • 698 Posts

Subscribe Now!

Get latest news and views related to startups, tech and business

You Might Also Like

Business
Dec. 8, 2022

Beat The Burden Of Medical Inflation With A Health Insurance

As disease rates rise and medical technology develops, treatment costs climb. It’s essential to understand that medical costs are not exclusively associated with hospitals. The cost of prescription drugs, diagnostic procedures, ambulance and operating room fees, consultations with doctors, and other costs are also constantly increasing. All of them could put a big strain on […]

Business
Dec. 8, 2022

3 Biggest Changes Of iOS 16.2 Update That Every iPhone User Should Know!

In its latest update Apple said that it is preparing for the iOS 16.2 update for iPhones across the world. Notably, like the previous release, there are a couple of changes coming for the iPhones.  iOS 16.2 Update Release Date So far, Apple has not announced a release date for iOS 16.2 update. Reportedly, the […]

Business
Dec. 8, 2022

300 Microsoft Employees Create Employee Union, First Time Ever: This Is How Microsoft Reacted

Around 300 workers at Microsoft Corp.’s ZeniMax Studios have commenced the process of forming a union which is said to be the first at the software giant in the US.  Here, Microsoft Corp.’s ZeniMax Studios known for popular video games including Skyrim and Fallout. Forming Union In Microsoft Corp Moreover, the quality assurance employees at […]

Business
Dec. 7, 2022

India Beats China In Air Travel Safety: Ranking Jumps From 102 To 48 In Global Aviation Safety

India’s air safety protocols and executions have improved drastically over the years, as validated by the findings of a specialized agency of the United Nations, the International Civil Aviation Organization or ICAO. The UN watchdog has upgraded India’s ranking in terms of aviation safety to the 48th position, jumping past the rankings of countries like […]

Recent Posts

Related Videos

   

Subscribe Now!

Get latest news and views related to startups, tech and business

who's online