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Friday, 24 March2023

Spike in adoption lifts FASTag's toll collection past Rs 33K Cr

Spike in adoption lifts FASTag's toll collection past Rs 33K Cr

<p>The use of fastags by travelers in the nation has seen a notable increase following the declaration of all lanes of toll plazas on NHs as FASTag Lanes. Fastag penetration increased dramatically from about 16% in 2017&ndash;18 to 96.3% in 2021&ndash;22. Rs 21,948Cr were collected in tolls overall in 2017&ndash;18, including Rs 3532Cr through fastags. Toll collecting using fastags rose dramatically in 2021&ndash;2022 t Rs 34,535B, of which Rs 33,274B of that came from fastag.</p>

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