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This is a thread on the #FasTag fiasco - why the intentions are dubious and why it deserves to be classified as a scam
While the NaMo Govt would like us to believe that #FasTag is meant for the convenience of users, the real reasons appear to lie elsewhere - particularly the notoriously opaque revenue streams from road projects.
Road project concessionaires are known to not indulge in gross cost padding - which translates directly into higher tolls - but divert revenue streams away from their loan obligations, which has brought only grief to banks, especially PSBs
