Maharashtra to Mandate FASTag for All Vehicles from April 1
ROADS & HIGHWAYS

Maharashtra to Mandate FASTag for All Vehicles from April 1

The Maharashtra Cabinet has announced that starting April 1, FASTag stickers will be mandatory for all vehicles in the state. In line with this, the government plans to amend the Public-Private Partnership Policy of 2014 to streamline infrastructure development and toll collection under the new directive.

The move is aimed at promoting digital payments and reducing congestion at toll booths, thereby improving efficiency across Maharashtra’s road network. Officials emphasised that the implementation of FASTag is crucial for simplifying toll payments and easing traffic flow.

Additionally, the National Payments Corporation of India (NPCI) has introduced updated guidelines to support the wider adoption of FASTag.

This development follows the National Highways Authority of India’s (NHAI) initiative, "One Vehicle, One FASTag," launched on April 1, 2024. The initiative seeks to prevent the misuse of FASTags, such as issuing multiple tags for a single vehicle or linking several FASTags to one vehicle. The NHAI introduced this measure due to concerns over the issuance of FASTags without completing the mandatory KYC process, violating Reserve Bank of India (RBI) guidelines.

(India Today)
                     

The Maharashtra Cabinet has announced that starting April 1, FASTag stickers will be mandatory for all vehicles in the state. In line with this, the government plans to amend the Public-Private Partnership Policy of 2014 to streamline infrastructure development and toll collection under the new directive.The move is aimed at promoting digital payments and reducing congestion at toll booths, thereby improving efficiency across Maharashtra’s road network. Officials emphasised that the implementation of FASTag is crucial for simplifying toll payments and easing traffic flow.Additionally, the National Payments Corporation of India (NPCI) has introduced updated guidelines to support the wider adoption of FASTag.This development follows the National Highways Authority of India’s (NHAI) initiative, One Vehicle, One FASTag, launched on April 1, 2024. The initiative seeks to prevent the misuse of FASTags, such as issuing multiple tags for a single vehicle or linking several FASTags to one vehicle. The NHAI introduced this measure due to concerns over the issuance of FASTags without completing the mandatory KYC process, violating Reserve Bank of India (RBI) guidelines.(India Today)                     

Next Story
Infrastructure Urban

Reliance, Diehl Advance Pact for Precision-Guided Munitions

Diehl Defence CEO Helmut Rauch and Reliance Group’s Founder Chairman Anil D. Ambani have held discussions to advance their ongoing strategic partnership focused on Guided and Terminally Guided Munitions (TGM), under a cooperation agreement originally signed in 2019.This collaboration underscores Diehl Defence’s long-term commitment to the Indian market and its support for the Indian Government’s Make in India initiative. The partnership’s current emphasis is on the urgent supply of the Vulcano 155mm Precision Guided Munition system to the Indian Armed Forces.Simultaneously, the “Vulc..

Next Story
Infrastructure Urban

Modis Navnirman to Migrate to Main Board, Merge Subsidiary

Modis Navnirman Limited has announced that its Board of Directors has approved a key strategic initiative involving migration from the BSE SME platform to the Main Board of both BSE and NSE, alongside a merger with its wholly owned subsidiary, Shree Modis Navnirman Private Limited.The move to the main boards marks a major milestone in the company’s growth trajectory, reflecting its consistent financial performance, robust corporate governance, and long-term commitment to value creation. This transition will grant the company access to a broader investor base, improve market participation, en..

Next Story
Infrastructure Urban

Global Capital Flows Remain Subdued, EMEA Leads in Q1 2025

The Bharat InvITs Association’s industry update for Q1 2025 shows subdued global capital flows, with investment volumes remaining at the lower end of the five-year range despite a late 2024 recovery. According to data from Colliers and MSCI Real Capital Analytics, activity in North America declined slightly, while EMEA maintained steady levels and emerged as the top region for investment in standing assets.The EMEA region now hosts seven of the top ten cross-border capital destinations for standing assets, pushing the United States’ share of global activity below 15 per cent. Meanwhile, in..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?