look news india
One Vehicle One Fastag: The 'one vehicle, one Fastag' rule of the National Highways Authority of India (NHAI) has come into effect across the country from Monday. The objective is to discourage the use of one FASTag for multiple vehicles or linking of multiple FASTags with one vehicle. A senior official said that now more than one Fastag cannot be installed on one vehicle. He said that people who have multiple Fastags for one vehicle will not be able to use them from April 1.
Deadline extended till 31 March
Public sector unit NHAI had extended the deadline to implement the 'One Vehicle, One Fastag' scheme till March 31 in view of the problems faced by vehicle owners using Paytm Fastag. FASTag is an electronic system of toll collection in India and is operated by NHAI.
Why was Fastag implemented one vehicle one?
To increase the efficiency of the electronic toll collection system and facilitate smooth movement at toll plazas, NHAI has launched 'One Vehicle, One Fastag' initiative. Through this, the authority wants to ban the use of the same Fastag for multiple vehicles and also wants to ban linking multiple Fastags with a particular vehicle.
The Reserve Bank of India (RBI) had advised customers and businessmen of Paytm's subsidiary Paytm Payments Bank Limited (PPBL) to transfer their accounts to other banks by March 15.
8 crore Fastag users in the country
FASTag reaches about 98 percent of vehicles and has more than eight crore users. FASTag uses Radio Frequency Identification (RFID) technology to make toll payments directly from the prepaid or savings account linked to the toll owner.
