Post Date : December 19, 2020
Union Minister of Road Transport & Highways and MSMEs Nitin Gadkari on Thursday while addressing the ASSOCHAM Foundation week programme said that the Government has finalised GPS-based (Global Positioning System) technology toll collection to ensure seamless movement of vehicles across the country thus doing away with the toll plaza system. He said, this will ensure India becomes ‘toll booth free’ in the next two years.
In his address while talking on the theme ‘National Infrastructure Pipeline critical for economic revival across sectors,’ he explained that the toll amount will be deducted directly from the bank account based on the movement of vehicles.
“While now all commercial vehicles are coming with vehicle tracking systems, the government will come up with some plan to install GPS technology in old vehicles,” the minister said.
Further adding he informed that all toll collections may reach Rs 34,000 crore by coming March. He stated, by using GPS technology for toll collection, the toll income in the next five years will be Rs 1,34,000 crore.
The Minister said that the new toll collection system was finalised by the government of India in collaboration with the Russian government.
The move for the new toll collection system follows the FASTag system pushed by the government. The FASTag system became mandatory while being aimed at reducing the congestion at toll booths and making it easy for the road travellers to pass through the system on their long commutes.
According to an official statement by the National Highways Authority of India (NHAI), RFID-enabled FASTags contributed nearly three-fourth of the total toll collection (till November).
The daily collection stood at INR 92 crore compared to INR 70 crore a year ago.