12 hours ago
Gadkari outlines plans to expand FASTag beyond toll collection, ET Infra
Advt
Engagement with fintech sector
By ,
ETInfra
Union Minister Nitin Gadkari on Wednesday said that the FASTag system has the potential to support digital travel services across India. He said the government intends to develop FASTag into a broader platform to improve user convenience, streamline transport services, and increase efficiency in the was speaking at a workshop with fintech companies organised in New Delhi by the Indian Highways and Management Company Limited (IHMCL), which is promoted by the National Highways Authority of India (NHAI).The event aimed to gather input from fintech firms on matters such as regulatory compliance data security , and potential non-toll applications for FASTag. The workshop is part of efforts to shape the next stage of the system's development.V Umashankar, Secretary at the Ministry of Road Transport and Highways, said that India's fintech sector has introduced a number of innovations. He noted that FASTag has changed the process of electronic toll collection in the Kumar Yadav, Chairman of NHAI, said the suggestions from the workshop would support future developments and help expand the use of the FASTag system beyond toll payments.
