InvestorQ : Do you seen an economic impact of Fast Tag implementation from December 15, 2019?
Anu Biswas made post

Do you seen an economic impact of Fast Tag implementation from December 15, 2019?

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2 years ago
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Fastag will help in two ways in my opinion. 1. There will be less of hassles regarding change being handled at the tool booths. 2. There will be fewer instances of bad/fake currency being distributed by any one.

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Neelam Naik answered.
2 years ago
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The Fast Tag was to be implemented from December 01 on all the national highways under the NHAI management. However, that has been postponed to 15 December to give people more time to get fast tags affixed to their cars. Fast Tag becomes a better working capital management method for the toll fee collectors as the leakages can be reduced to the bare minimum. This is likely to be positive for the road companies which operate on the toll model. It is also likely to make the movement quicker across highways, although it remains to be seen if it is fully implemented on 15 December across India.

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