NHAI rolls out cashless payment mechanism FASTag

Q.  NHAI has rolled out cashless payment mechanism on fee places at National Highways. What is it called?
- Published on 22 Jul 16

a. FASTpay
b. FASTcash
c. FASTag
d. None of the above

ANSWER: FASTag
 
National Highways Authority of India has rolled out a cashless payment system FASTag at fee plazas on national highways.
  • It offers near non stop movement of vehicles through fee plazas and convenience of cashless payment of toll fee with nationwide interoperable Electronic Fee Collection Service.
  • As per the joint study report 2011-2012 carried out by Transport Corp of India and IIM Kolkata estimated annual cost of delay to Indian economy was INR 27000 crore each year.
  • FASTag is operational on 335 fee plazas on national highways across the nation and saves time, cash and fuel.

Related Content

➨ Post your comment / Share knowledge


Enter the code shown above:

(Note: If you cannot read the numbers in the above image, reload the page to generate a new one.)
▲