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Integration of FASTag with GST to Push GDP Growth by 2%

The government of India has decided to integrate<br>GST into FASTag for an enhanced economic boost for the country.

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Integration of FASTag with GST to Push GDP Growth by 2%

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  1. I n t e g r a t i o n o f F A S T a g w i t h G S T t o P u s h G D P G r o w t h b y 2 % F A S T a g i s n o t a n e w w o r d i n a n I n d i a n ’ s d i c t i o n a r y n o w a d a y s . T h e i n i t i a t i v e o f E l e c t r o n i c T o l l C o l l e c t i o n ( E T C ) w h i c h c r e a t e d t h e u p r o a r b a c k i n 2 0 1 7 i s i n i t s p r i me n o w . F o l l o w i n g t h e s u c c e s s f u l i mp l e me n t a t i o n o f t h e p r o j e c t , t h e G o v e r n me n t o f I n d i a h a s ma d e i t ma n d a t o r y t o i n c l u d e a F A S T a g s t i c k e r o n e v e r y p u r c h a s e d v e h i c l e f o l l o w i n g D e c e mb e r 2 0 1 7 . T h i s i n i t i a t i v e h a s c o n t r i b u t e d t o t h e u p l i f t me n t o f a n u mb e r o f a s p e c t s o f h i g h w a y o p e r a t i o n s a n d t o l l t a x c o l l e c t i o n . Mr A k h i l e s h S r i v a s t a v a , C G M ( I T a n d H i g h w a y O p e r a t i o n s ) o f N H A I i s t h e ma n b e h i n d t h e r a g i n g s u c c e s s o f t h e i mp l e me n t a t i o n o f t h e E T C p r o j e c t . H e h a s c l a i me d t h a t h e w i s h e s t o e n s u r e t h a t a t l e a s t o n e o f t h e l a n e s i n e a c h o f t h e t o l l p l a z a s a c r o s s I n d i a h a s a l a n e d e d i c a t e d t o E T C . H e i s c u r r e n t l y w o r k i n g o n t h e s a me a n d i s e x p e c t e d t o a d mi n i s t e r t h e s e c h a n g e s s o o n . T h e i n t e g r a t i o n o f E l e c t r o n i c T o l l C o l l e c t i o n h a s ma d e t h e p r o c e s s o f t o l l t a x c o l l e c t i o n a l o t s t r e a ml i n e d a n d t r a n s p a r e n t . I t h a s a l s o c o n t r i b u t e d t o d e c r e a s i n g t h e l e v e l s o f t r a ffi c c o n g e s t i o n a t t h e t o l l b o o t h s . T h e s u c c e s s f u l i mp l e me n t a t i o n o f E T C h a s e n s u r e d t o a i d t h e c o mmu t e r s a n d p r o mo t e t h e d r i v e o f D i g i t a l I n d i a f u r t h e r . Mr S r i v a s t a v a i s a l s o w o r k i n g o n y e t a n o t h e r i n i t i a t i v e o f e - t o l l i n g w h o s e fi r s t p h a s e o f p i l o t r u n i s e x p e c t e d t o b e o p e r a t i o n a l i n t h e c o mi n g f e w w e e k s i t s e l f . T h e fi r s t p h a s e o f i t i s g o i n g t o b e i mp l e me n t e d o n t h e D e l h i - Mu mb a i h i g h w a y . T h e fi n a l l a u n c h i s s u c c e s s f u l l y g o i n g t o b e i mp l e me n t e d a f t e r N H A I a n d Mo R T H d e c i d e u p o n t h e t o l l r a t e s . Wi t h t h e s u c c e s s f u l i n t e g r a t i o n o f E T C , t h e G o v e r n me n t o f I n d i a h a s d e c i d e d t o i n t e g r a t e G S T i n t o F A S T a g f o r a n e n h a n c e d e c o n o mi c b o o s t f o r t h e c o u n t r y . A c c o r d i n g t o t h e i s s u e d s t a t e me n t s , i t h a s b e e n c l a i me d t h a t t h e c o mb i n a t i o n o f F A S T a g w i t h G S T i s e x p e c t e d t o b r i n g d o w n a n d r e d u c e t h e l o g i s t i c c h a r g e s w h i c h i n t u r n w i l l c o n t r i b u t e t o t h e g r o w t h o f t h e o v e r a l l G D P o f t h e c o u n t r y b y 2 %. F A S T a g i n t e g r a t e d w i t h G S T i s g o i n g t o e n s u r e t h e o v e r a l l b o o s t t o t h e e c o n o mi c g r o w t h o f t h e c o u n t r y . I t w i l l a l s o e n s u r e t h e c o r r e c t t a x c o l l e c t i o n a n d p r o mo t e t r a n s p a r e n c y i n t h e p r o c e s s o f t a x p a y me n t s . E v e r y s i n g l e t r a n s a c t i o n i s g o i n g t o b e mo n i t o r e d a n d s t o r e d i n s o f t c o p i e s t o e n s u r e t h a t t h e r e i s n o s p a c e l e f t f o r s c a mme r s o r a n y k i n d o f o t h e r f r a u d u l e n t p r a c t i c e s l i n g e r i n g t h e p r o c e s s o f e - t o l l i n g . F A S T a g i s g r a d u a l l y p i c k i n g u p mo me n t u m a n d mo s t c i t i z e n s a r e a v a i l i n g t h e s e r v i c e s o f i t f o r a s mo o t h e r a n d b e t t e r o p e r a t i o n t h r o u g h t h e t o l l b o o t h s . T h e r e h a s b e e n l i t t l e t o n o me n t i o n o f t h e u p c o mi n g u p g r a d e s o r c h a n g e s i n t h i s p r o s p e c t b u t t h e p o s s i b i l i t i e s s e e m e n d l e s s . Mr S r i v a s t a v a i s w o r k i n g o n e n s u r i n g n o t j u s t s mo o t h c o mmu t e f o r t h e h i g h w a y u s e r s b u t a n i mp r o v e d a p p r o a c h t o e n s u r i n g b e t t e r w o r k fl o w a n d t r a n s p a r e n c y i n t h e s e c t o r o f h i g h w a y o p e r a t i o n s w i t h t h i s a p p r o a c h . T h e o v e r a l l i mp l e me n t a t i o n o f E l e c t r o n i c T o l l

  2. C o l l e c t i o n , F A S T a g a l o n g w i t h G S T i s g o i n g t o b e a n i mp a c t f u l c h a n g e i n t h e o v e r a l l G D P o f t h e c o u n t r y . # F A S T a g # E l e c t r o n i c T o l l C o l l e c t i o n # A k h i l e s h S r i v a s t a v a # H i g h w a y O p e r a t i o n s

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