Moneycontrol PRO
HomeNewsBusinessEconomyE-toll tags to be mandatory for trucks on govt duty: Gadkari

E-toll tags to be mandatory for trucks on govt duty: Gadkari

For hassle-free movement of cargo, the government has decided to make electronic toll tags mandatory for all vehicles contracted by the government departments.

February 27, 2017 / 19:47 IST

For hassle-free movement of cargo, the government has decided to make electronic toll tags mandatory for all vehicles contracted by the government departments.

The decision was taken in an inter-ministerial meeting, chaired by Road Transport and Highways Minister Nitin Gadkari, and it was also attended by Petroleum Minister Dharmendra Pradhan and Food and Consumer Affairs Minister Ram Vilas Paswan, among others.

It was decided that concerned ministries would take out administrative orders making it mandatory for all trucks contracted by the government departments like FCI, Petroleum, Mines etc to carry FASTags, Gadkari said after the meeting.

FASTag, based on radio-frequency identification technology (RFID), is a simple-to-use, reloadable tag which enables automatic deduction of toll charges and lets one pass through the toll plaza without stopping for cash transaction.

Gadkari said the petroleum ministry has already done this to some extent and their about 50,000 POL trucks carry FASTags and LPG trucks are in the process of acquiring the same.

"This will save a huge amount as according to a study, delays at toll plazas result in annual loss to the tune of Rs 70,000 crore," Gadkari said.

The total number of FASTaga issued till February 25 is 3,42,500 with a transaction of Rs 353.37 crore.

first published: Feb 27, 2017 07:24 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347