financetom
Economy
financetom
/
Economy
/
No data available about faulty FASTags and penalties collected from users, says NHAI
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
No data available about faulty FASTags and penalties collected from users, says NHAI
Jan 16, 2023 3:47 AM

New Delhi: State-owned NHAI has no information about faulty FASTags and the penalties collected from motorists in case their FASTags are non-functional at highway toll plazas.

Share Market Live

NSE

In case a motorist does not have a FASTag or it is non-functional, then the person has to pay double the toll charges at toll plazas.

According to the National Highways Authority of India (NHAI), more than 6 crore FASTags have been issued as on October 31, 2022.

However, it has no information about the number of faulty FASTag cases and the total amount of penalty collected from users despite having their vehicles fitted with the Radio Frequency Identification (RFID) tag.

In response to RTI queries about the number of faulty FASTag cases and the amount of penalties collected from the users for non-functional FASTags, NHAI said, ”no such data is available”.

Also read: Mahindra announces new Thar RWD starting at Rs 9.99 lakh

”Total no. of 60,277,364 FASTags have been issued till 31.10.2022,” it said in response to an application filed by PTI under the Right to Information Act.

A FASTag allows a user to pay the highway fee electronically without having to stop at the toll collection booths set up by the highway operators.

Since February 16, 2021, the government has made FASTag mandatory for all private as well as commercial vehicles.

As per the rules, vehicles that do not have a valid or functional FASTag must pay double the toll charge as a penalty.

On whether any penal action has been taken against any FASTag issuing agency for faulty FASTag, NHAI said, ”no such data is available”.

”Total toll collection through FASTag since 16.02.2021 to 16.04.2022 as per NPCI data for NHAI fee plaza is Rs 39,118.15 crore,” said the RTI reply.

Also read: Tata Motors completes acquisition of Ford India’s manufacturing plant at Gujarat

The total toll collection for the NHAI fee plaza during FY22 stood at Rs 34,535 crore, the RTI reply said, citing data from the National Payments Corporation of India (NPCI).

Currently, a FASTag is issued by 24 banks. There are complaints from users that FASTags sometime do not function properly at toll plazas as a result of which they have to pay double the toll charges.

NHAI has set up helpline no. 1033 to address queries and complaints at national highway fee plazas.

”Most of the complaints are resolved instantly by the customer care executive. Other complaints are forwarded to concerned NHAI regional offices and banks for necessary resolution,” it said.

However, in most cases of complaints related to non-functional tags, a user cancels the FASTag and buys another one or the issuer bank provides a fresh tag later. But the user never gets a refund of the excess fee that is already paid due to a non-readable RFID tag.

The Indian Highway Management Company Limited (IHMCL), incorporated with equity participations from NHAI, concessionaires and financial institutions, has been entrusted with the task of implementing electronic toll collection on the national highways.

However, IHMCL, incorporated under the Companies Act, 1956, ”does not fall within the definition of ’Public Authority’ under Section 2 (h) of Right to Information Act, 2005”, NHAI said.

Also read: Auto Expo 2023 Highlights: SWITCH EiV 7 electric bus for smart city travel unveiled

(Edited by : Vivek Dubey)

First Published:Jan 16, 2023 12:47 PM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Economics Professor Doubts Impact Of Dogecoin-Inspired, Elon Musk-Led Department On Federal Deficit, Cites This As Major Concern
Economics Professor Doubts Impact Of Dogecoin-Inspired, Elon Musk-Led Department On Federal Deficit, Cites This As Major Concern
Nov 18, 2024
A Washington State University economics professor has cast doubt on the effectiveness of the newly proposed Department of Government Efficiency named after cryptocurrency Dogecoin (CRYPTO: DOGE) in addressing the federal deficit, highlighting data showing most government spending goes to entitlement programs rather than bureaucratic salaries. What Happened: Christopher Clarke, assistant professor at WSU’s School of Economic Sciences, pointed to long-term...
China willing to be partners, friends with US, Chinese envoy says
China willing to be partners, friends with US, Chinese envoy says
Nov 15, 2024
SHANGHAI (Reuters) -China is willing to be partners and friends with the United States, China's ambassador to Washington said, seeking to strengthen dialogue between the world's two largest economies. China has no plan to surpass or replace the United States, Xie Feng said in a speech in Hong Kong on Friday, addressing Chinese officials and the U.S. ambassador to China....
Goldman Sachs Economist: Weight-Loss Drugs Could Be Key To US Economic Growth
Goldman Sachs Economist: Weight-Loss Drugs Could Be Key To US Economic Growth
Nov 17, 2024
A Goldman Sachs economist has suggested that the US economy could experience accelerated growth with increased use of GLP-1 weight-loss drugs like Ozempic. What Happened: Jan Hatzius, chief economist at Goldman Sachs, has said that US GDP could potentially grow an additional 1% if 60 million Americans were to use GLP-1 drugs by 2028. Hatzius pointed out that health-related issues...
Goldman Sachs: US To Dominate 2025 Growth With 2.5% GDP Boost, Euro Area Will Struggle
Goldman Sachs: US To Dominate 2025 Growth With 2.5% GDP Boost, Euro Area Will Struggle
Nov 16, 2024
Goldman Sachs Research predicts a strong year for global economic growth in 2025, forecasting a 2.7% increase in global GDP on an annual average basis, just above the consensus. The US is expected to lead the way, with GDP growth of 2.5%, significantly surpassing the consensus of 1.9%, Goldman Sachs Research said in a report. The consensus forecast is done...
Copyright 2023-2025 - www.financetom.com All Rights Reserved