FASTag
The Indian Government, through the Indian Highways Management Company Limited (IHMCL), has enhanced the Standard Operating Procedure (SOP) for managing FASTags, including blacklisting non-compliant tags. Recent circulars mandate that vehicles without valid FASTags pay double fees, and a structured reporting format has been introduced for fee collection agencies. A Fintech
NHAI
The National Highways Authority of India (NHAI) has streamlined its policy for reporting and blacklisting 'loose FASTags', also known as 'tag-in-hand', to improve tolling operations. This initiative aims to address issues caused by improperly fixed FASTags, which lead to lane congestion and operational disruptions. NHAI has
FASTag
The Indian Highways and Management Company Limited (IHMCL) organized a workshop in New Delhi with FinTech companies to explore innovative applications of the FASTag system. The workshop aimed to gather insights on regulatory compliance, grievance redressal, security, and non-toll applications of FASTag. Union Minister Nitin Gadkari emphasized the potential of