Context :
FASTag
toll collection hits record ₹193.15 crore in a day with 1.16 crore transactions ……
BL / 02 May 2023
Extract :
Toll
collection on national highways (NHs) through the FASTag system hit a record ₹193.15
crore in a day recording 1.16 crore transactions, a development that
reflects on the growing traffic on highways and rising income for operators.
Four
states make up bulk of toll revenue in road-building sign
( Mint / 11 Feb
2023 )
Extract :
The
data from MoRTH indicates that toll collection in FY23 is set to cross the highest levels in the past five years
reaching close to 40,000 crore in FY23.
My
Take :
Ø Accelerating
Transport with Omnipresent RFID …………….. 09 July
2021
Extract :
Dear Gadkariji / Piyush Goyalji :
RFID is helping reduce / eliminate GST TAX
EVASION on the highways ( as seen above )
By making RFID compulsory for payment of Highway Toll tax, it is helping TAX
INCREASE, as can be seen from following figures of Highway Toll tax collected
( Rs Crore / month ):
# Nov
2019…………… 773
# Dec 2019……………….1,257
# Feb 2020……………… 1,841
# July 2020…………… 1,623
# Dec 2020…………… 2,303
# Feb 2021……………….2,556
( source : https://factly.in/data-can-mandatory-fastag-increase-toll-revenue-collection-at-a-greater-rate-in-2021-22/ )
# 0n 25 Feb 2021……. 104 ( in one day )
# Expected collection for current year …..
34,000
# Expected to reach in 3 to 4 years………..134,000 ( Rs 1.34 Lakh*Crore per
year )
It must be noted that, all of this TAX COLLECTION is fully AUTOMATIC, without
any Human Intervention !
Also note that, our total Vehicle population is
about 340 million in 2021
Assume that, out of this, 80 % are 2-Wheelers (which may not ply on highways ),
leaving 20 % of 4 Wheelers ( cars – buses – trucks etc ), numbering approx.
70 million , which use highways and pay
toll tax
Of these 70 million, may be no more than 7 million ( 10 % ) use Highways on any
given day
It is these 7 million which are expected to contribute Rs 1.34 Lakh*crore per
year by way of Toll Tax
Now imagine that we find a method to make all 70 million ( 4 wheelers ) to pay a
TRANS-TAX ,
Ø Whether plying on Highways or on City Roads
Ø Every day
Ø Automatically ( using same method of Pre-paid RFID ) / without human
intervention
In such an event, I suppose we could , quite possibly collect,
Rs 25 Lakh*Crore per year !
Dear Minsters,
One more time with love, I urge you to get Transport Experts / IT Experts , to
examine the feasibility of :
Transport : an Integrated Logistic Plan ?
……….[ 20 Nov 2018 ]
With Regards,
Hemen Parekh
www.hemenparekh.ai / 03
May 2023
Extract :
The daily toll collection through FASTag system achieved a historic milestone, reaching an all
time high collecion of Rs 193.5 crore
Buoyed by the success story of FASTag system, NHAI is actively working toward finalizing the
necessary requirements for implementation of Global Navigation Satellite System ( GNSS )
based tolling system for allowing free flow tolling system in India, the Ministry of Road
Transport and Highways, said on Tuesday
The Ministry further said , in addition to the effectiveness in toll collection, FASTag has also
facilitated , seamless and secure CONTACTLESS PAYMENT for PARKING FEES at over 140
parking lots in 50 + cities across India
============================================================
MY TAKE ( as far as " Parking Fees " is concerne ) :
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