FASTag Update- Big news for FASTag users. To solve the problems related to toll in national highways and expressways, the proposed new toll policy will provide relief of up to 50 percent in the average fee and people will also get the facility of annual pass at a one-time cost of Rs 3000. These passes will be valid on national highways and expressways as well as state expressways.
There will be no need to get a separate pass for this, rather the fee can be paid through the Fastag account. The new toll policy is almost ready and can be announced anytime. It also has a resolution to eliminate toll gates within the time limit. A pass of Rs 3000 will run the car for a year. The new toll policy will be based on a fixed fee per kilometer instead of the toll plaza system.fastag recharge
Roughly, a car will have to pay a toll fee of Rs 50 for a hundred kilometers. According to a source associated with the formulation of the new toll policy, currently only monthly passes are issued, which gives relief to the local people in crossing the toll plaza, but in the new policy, by getting an annual pass of three thousand rupees, a car will be able to travel unlimited kilometers in a year and it will not have to pay any fee on any expressway or highway.
The biggest obstacle in this was the existing contracts of the concessionaires and contractors, in which there is no provision for such a facility. According to sources, to overcome their objections, the Ministry of Road Transport and Highways has agreed to compensate for the loss.
That is, the concessionaires will keep a digital record of the vehicles passing through their toll plazas and the government will compensate the difference between their claim and actual recovery according to a formula. Earlier this facility was being considered. According to sources, due to objections from the concessionaires, different rules for the age limit of vehicles in states and the reluctance of banks, the government has now dropped the idea of issuing lifetime passes. Earlier, it was considered to issue a lifetime pass valid for 15 years for thirty thousand rupees, but all parties did not agree to it. The possibility of consumers coming forward for this was also low.
The new toll policy is going to promote barrier-free electronic tolling. According to sources, three pilot projects related to this have shown positive results. The level of accuracy is reaching about 98 percent. The concern with banks that if a vehicle leaves the road network without paying toll, how will the toll be recovered, has also been resolved. For this, banks will be given more rights. They can put a condition of minimum balance in other methods of payment including Fastag and can impose higher penalty.