The highest death toll in a single month was in March 2024, which reached 59.11 billion rupees.
“As on March 31, 2024, banks have issued a total of over Rs 881 crore in FASTags. The average daily charges through ETC have increased to Rs 1,906.8 crore, accounting for 98.5% of the total charges.
The Ministry of Road Transport and Highways (MoRTH) in its annual report said that electronic toll collection (ETC) through FASTag exceeded Rs 5,000 crore per month in the financial year 2023-24, of which about 98.5% of tolls passed through the The media receives reports from the previous fiscal year.
“As on March 31, 2024, banks have issued a total of over Rs 881 crore FASTags. The average daily ETC tolls increased to Rs 190.68 crore, accounting for 98.5% of the total tolls. There are 1,365 National Highways (NH) and state highway toll plazas All lanes are equipped with ETC infrastructure.
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As of August 2023, the ETC penetration rate was 98%, and has since increased to 99%.
Reports show that the total toll collection in the last financial year was over Rs 64,000 crore. The report shows that the highest death toll in a month was Rs 5,911 crore in March 2024, and the lowest was Rs 4,966.07 crore in July 2023.
According to the last annual report, in the last financial year, the highest amount collected was Rs 4,918.4 billion in December 2022. Before that, it was only Rs 3,674.98 crore in December 2021.
Over the years, national highway toll collection has been continuously improved. The main reason is the shift from manual to electronic toll collection – FASTag. Other reasons for toll increases include traffic volume growth, user rate adjustments and the increased length of new toll roads.
MoRTH data shows that between 2015-16 and 2022-23, tolls on highways across India increased by about three times, from Rs 17,759.12 million to Rs 48,028.22 billion.
The annual report added that the growing growth and adoption of FASTag among highway users is very encouraging and will help improve the efficiency of toll operations.
“To ensure seamless flow of traffic through toll plazas and increase transparency in collecting user charges using FASTag, the National Electronic Toll Collection (NETC) scheme, a flagship initiative of the Ministry of Road Transport and Highways, has been implemented across the country. Foundation of India. National Payments Corporation of India (NPCI) is the central clearing house (CCH) with forty (40) banks (including public and private sector banks) acting as issuing banks for issuing FASTags to road users and fourteen (14) collectors. Single banks process transactions at toll plazas.
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The government has made it mandatory to install FASTag in M&N category motor vehicles sold on and after December 1, 2017. The “M” category represents motor vehicles with at least four wheels used to carry passengers. The “N” category represents a motor vehicle with at least four wheels, used to carry goods, and in addition to goods, it can also carry people.
To further promote digital payment, reduce waiting time and fuel consumption, and provide seamless access to toll plazas, the government announced that all lanes at national highway toll plazas will be converted to FASTag lanes from midnight on February 15 to 16, 2021 .
Moreover, last month, the Ministry of Transport also announced that users of national highways who deliberately fail to install FASTag on their vehicle windshields will have to pay double the usage charges if they enter the toll lanes. The ministry explained that deliberate failure to affix FASTag on windshields would lead to unnecessary delays at toll plazas and inconvenience to other national highway users.
