The National Highways Authority of India (NHAI) has instructed toll collection agencies to charge double the fee for vehicles without FASTags affixed on their windscreens. This move aims to stop motorists from carrying the FASTag in hand or placing it elsewhere in the vehicle. Electronic transactions will not be allowed for FASTags not properly fixed on the assigned vehicle. Such[Read More…]
After an extraordinary FY2020-21, the CV industry is up for another extraordinary year it looks like. The second Covid-19 wave at the beginning of FY2021-22 has disrupted the acquired momentum. The macro economic indicators – the RBI’s original GDP growth forecast for FY2021-22 of 10.5 per cent as well as the Q1 FY2021-22 forecast of 26.2 per cent is unlikely[Read More…]
National Payments Corporation of India (NPCI) announced that Mumbai is now FASTag ready with the city’s three of the major toll plazas – Airoli, Mulund Eastern Express Way and Mulund (LBS Marg) – recently went live on NETC FASTag platform. Rajiv Gandhi Sea link plaza and Vashi Toll plaza have already enabled the platform, providing seamless, on-the-go toll payments experience.[Read More…]
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