Toll booths to be removed, GPS-based toll collection within 1 year: Nitin Gadkari
India will do away with toll booths and implement complete GPS-based toll collection within one year, Road Transport and Highways Minister Nitin Gadkari said on Thursday.
New Delhi, Mar 18 (PTI) India will do away with toll booths and implement complete GPS-based toll collection within one year, Road Transport and Highways Minister Nitin Gadkari said on Thursday.
He said 93 per cent of the vehicles pay toll using FASTag, but the remaining 7 per cent have still not taken it despite paying a double toll.
See Zee Business Live TV Streaming Below:
"I want to assure the House that within one year all physical toll booths in the country will be removed. It means that toll collection will happen via GPS. The money will be collected based on GPS imaging (on vehicles)," Gadkari said in the Lok Sabha during Question Hour.
The minister said he has instructed police inquiry for those vehicles which do not pay toll using FASTags. There are cases of toll theft and GST evasion cases if FASTags are not fitted in vehicles.
FASTags, which facilitate electronic payment of fee at toll plazas, was introduced in 2016.
From February 16, vehicles without FASTag are required to pay double toll fee at electronic toll plazas across the country.
Making the tags compulsory would also help in ensuring that vehicles pass seamlessly through the toll plazas, as the fee payment would be done electronically.
Gadkari said new vehicles have FasTags fitted in them, while the government has said it will give free FASTags for old vehicles.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Senior Citizen Latest FD Rates: Know what major banks like SBI, PNB, Canara Bank, HDFC Bank, ICICI Bank are providing on fixed deposits
Gratuity Calculator: Rs 38,000 as last-drawn basic salary, 5 years and 5 months of service; what will be gratuity amount?
EPFO Pension Schemes: Early pension, retirement pension, nominee pension and 4 other pension schemes that every private sector employee should know
Top 5 Small Cap Mutual Funds with best SIP returns in 1 year: See how Rs 25,000 monthly investment has grown in each scheme
Top 7 SBI Mutual Funds With Best SIP Returns in 1 Year: Rs 25,000 monthly SIP investment in No.1 fund has jumped to Rs 3,58,404
01:30 PM IST