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Issue #244

16 Nov - 22 Nov 2019

HOT NEWS

Vehicles without FASTags will have to pay twice the toll fee

Come December, owners of vehicles without FASTags will have to cough up twice the normal rate at toll gates as the government gears up to achieve seamless road travel nationwide by making collections electronic. The highway ministry has declared that from December 1, toll plazas across national highways will be equipped to electronically debit amounts from accounts linked to RFID-based FASTags affixed on vehicle windscreens, enabling people to drive through without stopping to make payments.

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BUSINESS

60% of India's logistics transport through roads

Three-fifths of the transportation in India’s logistics sector occurs through a strong road network against the global average of 30-40 per cent, according to a new report, called ‘India: Evolution of Integrated Logistics – Aiming Transformation Through PAGI’, released by JLL Industrial Services Research recently at the CILT India Expo 2019 in Mumbai. Optimised use of roads is possible by building up enhanced hinterland infrastructure and specialised storage space spread over the country.

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INNOVATION

What are FASTags? 10 things to know

​FASTags are prepaid rechargeable tags for toll collection that allow automatic payment deduction from the FASTag, they are normally affixed on the windscreen of your vehicle. With the help of a FASTag, you will not have to stop your vehicle at toll plazas to pay the toll. As soon as the vehicle crosses the toll plaza, the toll fee will get deducted from the bank account/prepaid wallet linked to the FASTag affixed on the vehicle's windscreen. An activated FASTtag works on Radio Frequency Identification (RFID) technology.

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