National highway toll collection hits record Rs 6,640 crore in October
The monthly revenue saw a 16 per cent increase compared to October last year as digital payments rose.
National highway and expressway toll collection reached an all-time high of approximately Rs 6,640 crore in October, according to the Times of India.
This figure is about 16 per cent higher than the Rs 5,715 crore recorded in October last year. The previous monthly record was Rs 6,185 crore in May this year.
Officials stated that total toll collection is projected to be around Rs 74,000 crore based on current trends.
Cash collections dropped to nearly Rs 4 crore last month from Rs 84 crore in the same month last year. Conversely, payments through the Unified Payments Interface (UPI) rose to around Rs 100 crore in October, whereas there was no such collection a year ago.
The decline in cash follows government directions to use FASTag or UPI as default modes for highway user fees. Officials said stricter monitoring is being conducted to ensure cash is completely phased out.
One official said that the end of cash transactions will eliminate scope for malpractices and noted that more people are opting for FASTag Annual Passes.