Electronic Toll Collection Through FASTag Grows 46 Per Cent, Increases To Rs 50,855 Crore In 2022

by Arun Kumar Das - Jan 25, 2023 10:48 AM +05:30 IST
Electronic Toll Collection Through FASTag Grows 46 Per Cent, Increases To Rs 50,855 Crore In 2022FASTag lanes at a toll plaza.

Electronic Toll Collection (ETC) through FASTag has witnessed constant growth over the last few years. Total toll collection via FASTag on fee plazas, including state highway fee plazas during calendar year 2022 was Rs 50,855 crore. This is an increase of approximately 46 per cent as compared to Rs 34,778 crore in 2021.

The average daily toll collection through FASTag on National Highway fee plazas was Rs 134.44 crore in December 2022, and the single day highest collection touched Rs 144.19 crore on 24 December 2022.

Similarly, the number of FASTag transactions also witnessed a growth of approximately 48 per cent in 2022 as compared to that in 2021. The number of FASTag transactions in 2021 and 2022 were 219 crore and 324 crore respectively. 

With 6.4 crores FASTags issued as on date, the total number of FASTag enabled fee plazas across the country also grew to 1,181 (including 323 state highway fee plazas) in 2022 from 922 in the previous year 2021.  

Notably, MoUs have been signed with 29 different state entities/authorities for on-boarding state fee plazas under FASTag programme. This includes states like Uttar Pradesh, Maharashtra, Gujarat, Madhya Pradesh, Telangana, Karnataka and so on.   

FASTag implementation has reduced the waiting time at NH fee plazas significantly, resulting in enhanced user experience. The constant growth and adoption of FASTag by highway users has helped in bringing more efficiency in toll operations.

Deployment of ETC system at various fee plazas along National Highways has brought transparency in the system and enabled correct valuation of road assets. This has further encouraged more investors to invest in the highway infrastructure of the country, particularly, in asset recycling.

Arun Kumar Das is a senior journalist covering railways. He can be contacted at akdas2005@gmail.com.

Get Swarajya in your inbox everyday. Subscribe here.

An Appeal...

Dear Reader,

As you are no doubt aware, Swarajya is a media product that is directly dependent on support from its readers in the form of subscriptions. We do not have the muscle and backing of a large media conglomerate nor are we playing for the large advertisement sweep-stake.

Our business model is you and your subscription. And in challenging times like these, we need your support now more than ever.

We deliver over 10 - 15 high quality articles with expert insights and views. From 7AM in the morning to 10PM late night we operate to ensure you, the reader, get to see what is just right.

Becoming a Patron or a subscriber for as little as Rs 1200/year is the best way you can support our efforts.

Become A Patron
Become A Subscriber
Comments ↓
Get Swarajya in your inbox everyday. Subscribe here.

Latest Articles

    Artboard 4Created with Sketch.