New Delhi: Mandatory FASTag for highways will help save ₹20,000 crore per annum on fuel and boost the revenue by at least ₹10,000 crore, Union Minister Nitin Gadkari said on Monday. "Making FASTags mandatory for highway users for collection of electronic toll has significantly reduced delays at toll plazas. This will result in a significant saving to the tune of ₹20,000 crore per annum on fuel cost," Gadkari said while addressing the media. The minister said not only this, the electronic toll collection is set to boost royalty by 10,000 crore per annum. After the introduction of e-tolling in December 2016, the toll plazas covered under it reached 794 on February 28 from 403 toll plazas in March 2018.

Source: Mint March 01, 2021 14:13 UTC