Page 19 - TT July Issue for Digital Edition
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                                       FASTag Transaction Growth YOY


                                                               For the next 45 days,  parking spaces in airports
                                                             it was intensive planning  and railway stations as
                                                             at the minutest level     well. The other use cases
                                                             (even doing away with     are maintenance charge
                                                             flowers!) that resulted in   for vehicles entering
                                                             a very successful event   the forest areas, state
                                                             with participation of more   border road check posts,
                                                             than 500 national and
                                                             international  delegates.   Green  tax  collection  and
                                                             We also issued concept    EV charging. Also under
                                                             note and EOI so that the   evaluation is extending
                                                             deliberations  on  these   FASTag to international
                                                             could  be  included  in  the  vehicles entering India and
                                                             workshop.                 to congestion charges.
                                                               I think the biggest     What are the policy
                                                             takeaway from the         level initiatives
                 As an ardent learner, I always have         workshop is the belief    orchestrated by
                                                             that Indian GNSS journey
                 curiosity to learn new things, explore      has kick-started in a  IHMCL?
                 new avenues. Conducting stakeholder         grand way and with  a
                                                                                        One of the recent
                 consultations often brings innovative       wider consensus on the    initiatives by IHMCL is
                 ideas to our problems                       technology and transition.
                                                             The    democratization    One  Vehicle  One FASTag
                                                             of ideas will help each   - it cleaned up the entire
                Organising an international workshop         stakeholder associated    ecosystem and allowed
                                                             with it to add value to its  enforcement through
                on GNSS of a large dimension could           journey.                  FASTag. IHMCL was also
                have been challenging. What according                                  instrumental in PoS policy
                to you have been the main takeaways?         IHMCL is going            for  issuer  banks  to  bring

                  Yes, it was a challenging task when the Secretary,   beyond tolling…  transparency and efficiency
                MoRTH, in meeting in April this year asked us to   What is interesting is   and  remove  malpractices
                have wider consultation through a workshop. First   that application of FASTag   in FASTag issuance. Other
                we thought of conducting it at a national level but   has been extended to   initiatives included ATMS
                when we understood the interest of international   different segments. It is   Policy  2023  and  SOPs
                community to the Indian GNSS problem, we decided   now used in parking plazas  related to standardisation
                to give the workshop an international flavour.  and plans are on to include  of toll plaza operations.




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