
Govt unveils Rs 3,000 FASTag annual pass for Pvt vehicles from Aug 15
New Delhi, June 18 (UNI) In a major push towards hassle-free and efficient highway travel, the government on Wednesday announced the launch of a FASTag-based annual pass, priced at Rs 3,000, effective from August 15.
The pass, designed exclusively for non-commercial private vehicles such as cars, jeeps, and vans will be valid for one year from the date of activation or up to 200 highway trips, whichever is earlier, Nitin Gadkari, Minister of Road Transport & Highways posted this information on social media platform X.
The annual pass will enable seamless movement across National Highways and aims to address long-standing issues at toll plazas, especially those located within a 60 km range, he said.
A dedicated link for activation and renewal will soon be made available on the Rajmarg Yatra App as well as on the official websites of National Highways Authority of India (NHAI) and Ministry of Road Transport and Highways (MoRTH).
This policy will address the long-standing concerns regarding toll plazas located within a 60 km range and simplify the toll payments through a single, affordable transaction.
By reducing wait times, easing congestion, and minimising disputes at toll plazas, the annual pass aims to deliver a faster and smoother travel experience for millions of private vehicle owners, the Minister added.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
&w=3840&q=100)

Business Standard
31 minutes ago
- Business Standard
Expansion positives factored into the valuations of Hindustan Zinc
The company expects revenues to rise from Rs 34,100 crore in FY25 to Rs 40,000-42,000 crore with phase-I expansion, and further rise to Rs 62,000 to Rs 65,000 crore upon completion of plan Devangshu Datta Listen to This Article The board of Hindustan Zinc Ltd (HZL) has approved a capital expenditure (capex) plan of ₹12,000 crore to be funded through internal accruals and debt to expand zinc smelting capacity by 250 kilo tonnes per annum (KTPA) at Debari in Rajasthan along with a mine capacity expansion of 330 KTPA. At an investor meet held by the company, the management announced that the expansion is expected to be completed in the next 36 months, with capex across FY26-FY28. The guidance is ₹3,500 crore capex in FY26, ₹5,000 crore in FY27, and the remaining in FY28. Of the capex,

Time of India
36 minutes ago
- Time of India
Gadkari Launches ₹3,000 Annual FASTag Pass For Highways: Commuters Welcome New Move To Ease Travel
Union Minister Nitin Gadkari has unveiled a game-changing ₹3,000 Annual Highway Pass for private vehicle owners across India. Effective from August 15, this FASTag-based digital pass will offer 200 trips or 1-year validity, whichever comes first, exclusively for non-commercial vehicles like cars, jeeps, and vans. The move aims to ease congestion, reduce toll disputes, and ensure seamless travel on national highways. The pass can be activated and renewed via the Rajmarg Yatra App and official NHAI and MoRTH portals. The policy also resolves long-standing grievances around closely located toll plazas, offering one hassle-free solution. With this step, the government reinforces its commitment to modern infrastructure, smoother mobility, and transparent toll systems.#HighwayPass #Fastag #NitinGadkari #IndianHighways #TollFreeIndia #RajmargYatra #NHAIUpdate #HighwayTravelIndia #FASTagPass #GadkariAnnouncement #toi #toibharat #bharat #breakingnews #indianews Read More


Indian Express
36 minutes ago
- Indian Express
Rs 2,434 crore ‘fraud': CBI opposes Jai Corp, Anand Jain's pleas against FIR
The Central Bureau of Investigation (CBI) on Wednesday opposed the pleas filed by Jai Corporation Ltd and its promoter Anand Jaikumar Jain before the Bombay High Court challenging the FIR registered by the central agency alleging serious financial irregularities by the company and its promoters. The central agency had alleged defrauding of funds to the tune of Rs 2,434 crore from the public investors in real estate projects among other irregularities. A division bench of Justices Ajey S Gadkari and Rajesh S Patil was hearing pleas by Jai Corp and Jain seeking quashing of the FIR. The CBI, through advocate Kuldeep Patil, sought dismissal of the plea stating that the investigation in the matter was still in progress. The central agency justified its FIR stating that it was initiated based on the HC order of January 31. The CBI on February 12 had constituted a five-member SIT led by its DIG Sarah Sharma to probe the allegations. The HC granted two-week time to file reply to the plea to respondent Shoaib Richie Sequeira, the original complainant who had approached the HC through earlier petition seeking preliminary probe in the matter. The court also granted further two-week time to petitioners to file rejoinder to CBI and Sequeira's reply and posted further hearing after four weeks. The central agency had claimed that Jai Corp Ltd with Jain, its sister concerns, their directors and promoters, one Parag Shantilal Parekh and other unknown private persons have 'committed offences of criminal conspiracy, dishonestly inducing delivery of property, making forged documents for the purpose of cheating, using as genuine the forged documents and thereby caused wrongful gain to themselves.' The Jai Corp and Jain in April filed writ pleas in the HC seeking quashing of the CBI FIR and other interim reliefs, claiming that the action against them was arbitrary. On March 17, the Supreme Court had disposed of the appeal by Jai Corp against Bombay High Court order directing CBI Zonal director to form an SIT to conduct thorough probe into the allegation of fraudulent activities to the tune of Rs 3,000 crore by Jain. On January 31, the Bombay HC bench led by Justice Revati Mohite-Dere had passed a judgment on a plea by 61-year-old Sequeira. The HC had noted that there were 'national and international ramifications in the case.' The HC had also expressed disappointment over conduct of EOW and CBI showing inability to conduct a probe and stressed on the need for fair and efficient probe. The SC appreciated 'courage' shown by HC judges to pass the said verdict. The CBI FIR in question has listed allegations including that 'during May 2006 and June 2008, Jain and his group in their individual capacity and as directors/promoters of Jai Corp. Ltd, in conspiracy with sister companies of Jai Corp. Ltd., floated two entities i.e. Urban Infrastructure Venture Capital Ltd. and Urban Infrastructure Trustees Ltd.' As per the FIR, they 'mobilised funds to the tune of Rs 2,434 crore from the public at large, for the scheme of Urban Infrastructure Opportunities Fund for the purpose of real estate business at Mumbai & other places.' The FIR further stated that 'on June 31, 2006, Indenture of Trust (IOT) was registered by the two entities with Registrar of Assurances, Mumbai as settlor and trustee, to establish a venture capital fund and got it registered with the SEBI.' The disclosure of interest in the IoT allegedly stated that 'no transaction arrangement or investment will be made with another person with whom the director, officer, employee, etc. has some relationship and create conflict of interest'. The central agency said that in contravention of the declaration, the accused persons 'cheated the public at large and diverted funds by way of making investments/giving unsecured loans within the sister concerns.' The CBI further alleged that sister concerns of Jai Corp, over the years, showed the unsecured loans as losses on the basis of false and fabricated documents, so as to justify the constructions/real estate projects. Moreover, these corporate entities too 'executed forged agreements against advance paid for the purchase of benami land to justify the losses.' The CBI, in its FIR dated February 18, 2025, alleged that through criminal conspiracy, Jain, one Parag Shantilal Parekh, and their group diverted part or whole of Rs 2, 434 crore collected from investors by the two entities in 2006-07 to Mauritius and/or Jersey Channel Islands for incorporation of corporate entities at these places so as to divert the money collected from investors and banks. The FIR further stated that part or whole of Rs 3,252 crore availed as loan from Banks in 2006-07 by Navi Mumbai SEZ Pvt Ltd or part or whole of Rs 686 crore availed as loan from banks by the said company in 2003-04 too was diverted to the Mauritius and/or Jersey Channel Islands. The central agency further alleged that Jain, Parekh and their group diverted/laundered Rs 98.83 crore of foreign currency loan availed by Navi Mumbai SEZ Pvt Ltd from banks in 2008-09 to Mauritius and thereafter floated corporate entities to facilitate diversion of loan amount availed in India to abroad. In the end, it was alleged that the parent company of Jain, 'during 2010-17 fraudulently exported goods to Sarbags PTY Ltd, New South Wales, Australia and Assurance Products Corporation, California, USA on the basis of fictitious invoices/documents and thereby diverted the funds for their end utilisation.'