The introduction of the annual toll move will improve comfort for vacationers by streamlining passage by way of toll plazas,” says Jagannarayan Padmanabhan, Senior Director & World Head, Consulting, Crisil Market Intelligence & Analytics, welcoming the federal government’s new FASTag-based annual move initiative.
Padmanabhan added that whereas the common non-public car travels about 10,000 km yearly, a lot of it happens outdoors nationwide highways, so the direct monetary influence on toll operators is prone to be minimal. Nonetheless, the advantages for vacationers and general street effectivity are substantial. “For frequent vacationers who use toll roads for greater than 2,500 to three,000 km yearly, the move presents important price financial savings and added comfort, making long-distance journey extra seamless,” he mentioned.
The federal government’s new FASTag annual move—formally introduced this week—is designed to permit limitless journey on chosen nationwide highways for a hard and fast annual price, easing the fee course of for high-usage non-public car homeowners. The transfer is a part of a broader push to decongest toll plazas, enhance operational effectivity, and incentivize digital tolling through FASTag.
Consultants consider the move might result in smoother site visitors patterns and decreased wait instances at toll cubicles, particularly throughout peak journey seasons and vacation weekends.
