The Live Nagpur
  • Nagpur City
  • Nagpur Education
  • Nagpur Sports
  • Business
  • Featured
  • Crime
  • Entertainment & Lifestyle
  • Health & Wellness
  • Nation
  • Politics
  • Trending
  • Vidarbha
  • Obituary

The Live Nagpur


  • Home
  • City
  • Politics
  • Business
  • Education
  • Entertainment
  • Sports
  • Health
  • Crime
  • Forest
  • Featured
  • Vidarbha
Nation

Fastags to be mandatory for vehicles

by Tejas Mundhada November 26, 2019
written by Tejas Mundhada November 26, 2019
Fastags to be mandatory for vehicles

It has been made mandatory by the National Highway Authority of India (NHAI) for all the vehicles to have a fastag and the electronic toll payment method or any such cash payment means. Starting from December 1, while crossing a toll booth, the cash payment will not be accepted and the owner will be fined for this.

The NHAI had faced many financial issues over the last few years. Many of its cash flow payments and sources were facing difficulties over a period of time because of which most of the NHAI projects were stalled. It is seen that in the fiscal 2014 and 2019 its debt has increased eight times. The debt is calculated to be Rs. 1.8 lakh crore which is compared to the project cost; it becomes 30-35 percent.

According to the reports, the new addition in the technological system will ease the cash flow and have a smooth system in order to minimize the problems that are being faced by the highway authority.  It is also expecting that the financial conditions of NHAI would improve if the Fastag technology is implemented.

0 comment
FacebookTwitterLinkedin
Tejas Mundhada

previous post
Fadnavis quits from CM post
next post
Imperial Blue is all set to add laughter to the tune(s) of its Superhit Nights

You may also like

Ever forced to give service charges in restaurants,...

May 24, 2022

DRDO report finds serious battery defects in EVs...

May 24, 2022

BCCI announces squads for the five-match South Africa...

May 22, 2022

Petrol, diesel prices reduced further by Rs 2.08,...

May 22, 2022

Rajnath Singh advises to become self reliant in...

May 22, 2022

RCB celebrates after Mumbai Indians defeated Delhi Capitals

May 22, 2022

Caller’s name to flash on phone screen as...

May 21, 2022

Jet Airways gets DGCA nod to fly again...

May 21, 2022

People digging coal in an opencast mine in...

May 20, 2022

Air India plane engine shuts mid-air, close call...

May 20, 2022

Trending News

  • City’s Pohewala enters first phase of ‘Shark Tank India S2’

    May 24, 2022
  • Three injured after falling from mid-air during paprasailing

    May 23, 2022
  • RTMNU exam in MCQ format off-line mode

    May 20, 2022
  • Umran Malik becomes youngest bowler to take 20 wickets in an IPL

    May 19, 2022
  • Mini MBA course in just one rupee, know how

    May 17, 2022

Important Links

  • Politics
  • Crime
  • Business
  • Education
  • Entertainment
  • Sports

Available on Playstore & Coming Soon on Appstore

Search

November 2019
M T W T F S S
« Oct   Dec »
 123
45678910
11121314151617
18192021222324
252627282930  

Sign-Up Form

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

Footer Logo
  • Nagpur City
  • Nagpur Education
  • Nagpur Sports
  • Business
  • Featured
  • Crime
  • Entertainment & Lifestyle
  • Health & Wellness
  • Nation
  • Politics
  • Trending
  • Vidarbha
  • Obituary
  • Privacy Policy
  • Disclaimer
  • Cookie Policy
  • Terms Of Use
  • Advertise with Us
  • Work with us
  • Contact Us

© 2020 - The Live Nagpur . All Rights Reserved.