Context :
FASTag
toll collection reaches record Rs 3,356 crore in Oct /
Zeebiz /
Extract
:
Toll collection through FASTag recorded
an all-time high of 214.23 million (about 21.42 crore) transactions in October worth Rs 3,356 crore,
indicating higher economic and transport-related activities, particularly
during the festive season.
According to the government data, toll collection through
FASTag recorded 193.6 million transactions amounting to Rs 3,000 crore in September,
while in August,
it had recorded 201.2 million transactions worth 3,076.56
crore.
Also, the toll collection through FASTag recorded an
all-time high of 122.81 crore on Saturday.
The government has made FASTags mandatory from February 15
midnight, and all plazas of National Highway and road highway collect user fees
only through FASTag.
FASTag
implementation has reduced the waiting time at National Highways Fee Plazas
significantly, resulting in an enhanced user experience
MY TAKE :
Ø This
data for Oct 2021, could translate to Rs 40,000 cr for the full year 20-21
Ø Only
a few weeks ago, Shri Nitin Gadkariji had predicted that Highway Toll Tax
collection could easily reach Rs 1.34 lakh*crore, per
year, in 3 / 4 years
Ø In
my following e-mail, I have suggested how to introduce TRANS-TAX and be able to collect Rs 25 Lakh*Crore,
per year :
Accelerating
Transport with Omnipresent RFID …………[ 09 July 2021 ]
Dear Shri Gadkariji,
To achieve the revised target for renewable energy
generation, set by PM Modiji at COP26 , two days back, Govt will need lots of
money
My suggestion, will help raise such badly needed funds
quickly and automatically(without human intervention )
Simultaneously , by making vehicle buyers “ gravitate “
towards Electric Vehicles, my suggestion will drastically reduce air pollution and save lakhs of pre-mature deaths
I once again urge you to get my suggestion examined by
transport experts
With regards,
Hemen parekh
/ hcp@RecruitGuru.com / 03 Nov 2021
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