These initiatives aim to make highway travel more seamless by eliminating manual documentation and providing faster commuter assistance. The national highways developer, National Highways Authority of India (NHAI), has introduced citizenâcentric âLocal Passesâ and a digitally enabled âMargMitraâ help centre on the Rajmargyatra mobile app. These initiatives aim to make highway travel more seamless by...
Tag: FASTag
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Debt Financing: Funding Sustainable Infra
Sustainable Infrastructure: Debt Financing Shiva Rajaraman, CEO of NIIF IFL, discusses the changes in the infrastructure landscape in the country, policy back-ups and different sources of infrastructure finance that have opened up in the country. With a balance sheet of an impressive Rs.210 billion with zero per cent NPAs, NIIF IFL is an infrastructure debt fund...
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FASTag Made Mandatory for All 4-Wheeled Vehicles from January 2021
Union Ministry of Road Transport & Highways has issued a notification making FASTag mandatory to be available by January 1, 2021, in old vehicles also, i.e., âMâ and âNâ category of motor vehicles or four-wheelers sold before December 1, 2017, through amendments in Central Motor Vehicle Rules, 1989.
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Embarking on Seamless Mobility
It is a well-known and widely accepted datum that infrastructure is the backbone of a sound and growing economy. Amongst all infrastructure, the transport sector facilitates trade and migration, thereby raising productivity in other parts of the economy and directly contributing to the economic growth.