FASTag is a passive RFID (Radio-Frequency Identification) based toll collection system that allows automatic deduction of toll charges without the need for cash transactions. It was introduced in India as a solution to reduce the time spent at toll plazas, reduce fuel consumption and enhance the overall efficiency of toll collection.
FASTag is affixed on the windscreen of the vehicle and is linked to a prepaid account from which the applicable toll amount is deducted. The RFID technology in FASTag enables it to communicate with the toll plaza's electronic system, automatically deducting the toll charge and allowing the vehicle to pass through the toll plaza without stopping.
FASTag is mandatory for all four-wheelers in India from January 15, 2021, and can be purchased from banks, online portals and Point-of-Sale (POS) locations near toll plazas. The tag can be recharged as per the requirement, and the account balance can be easily tracked through the issuer's mobile app or website.
FASTag offers several benefits to commuters and toll plaza operators, including:
1. Cashless transactions: FASTag eliminates the need for cash transactions, reducing the risk of theft and promoting digitalization.
2. Reduced wait time: FASTag enables automatic toll collection, reducing the wait time at toll plazas and improving traffic flow.
3. Increased efficiency: The electronic toll collection system in FASTag increases the efficiency of toll collection and reduces the need for manual processes.
4. Improved road safety: By reducing the wait time at toll plazas, FASTag helps in reducing the risk of accidents and improving road safety.
5. Easy tracking of transactions: Commuters can track their FASTag transactions through the issuer's mobile app or website.
6. Environment-friendly: FASTag helps reduce emissions and fuel consumption by reducing the time spent at toll plazas.
7. Convenient for commuters: FASTag is a convenient option for commuters as they do not need to carry cash for toll transactions. The tag can be recharged as per the requirement.
8. Increased revenue for toll plaza operators: The automatic toll collection system in FASTag increases the revenue for toll plaza operators, as it reduces the need for manual processes and increases the efficiency of toll collection.
In conclusion, FASTag offers several benefits to commuters and toll plaza operators, making it a convenient and efficient solution for toll collection.
The primary objectives of the FASTag program are:
1. Reduced wait time at toll plazas: FASTag eliminates the need for manual toll transactions and helps in reducing the wait time at toll plazas.
2. Pradhan Mantri Suraksha Bima Yojana (PMSBY)
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