GS-3
FASTAG
- The FASTag is a reloadable tag that allows automatic deduction of toll without having to stop for carrying out the cash transaction.
- The tag uses radio frequency identification (RFID) technology and is fixed on the windscreen of the vehicle once active.
Important points:
- Radio-Frequency Identification (RFID) is the use of radio waves to read and capture information stored on a tag attached to an object.
- A tag can be read from up to several feet away and does not need to be within direct line-of-sight of the reader to be tracked.
- The tag is valid for five years and comes in seven different colours — violet, orange, yellow, green, pink, blue, black.
- Each colour is assigned to a particular category of vehicles.
- It was rolled out in April 2016, and the Government made it mandatory from December 1, 2017 for all new cars and trucks to be fitted with a FASTag before they were sold.
- To encourage the use of FASTags, the National Highway Authority of India (NHAI) refunds 5% of the total monthly transactions.
- Indian Highways Management Company Limited (IHMCL) (a company incorporated by National Highways Authority of India) and National Payment Corporation of India (NPCI) are implementing this program.
- FASTag is presently operational at both, national and state highways.
Benefits
- Ease of payment – No need to carry cash for the toll transactions, saves time.
- Near non-stop movement of vehicles leading to lower fuel cost.
- Reduced air pollution, reduced use of paper.
- Reduced toll payment hassles ,analytics for better highway management.
- Reduced effort in management at toll plaza, reduced effort in monitoring centrally.
SOURCE:ECONOMICS TIMES,MINT