According to 2016 MOSPI report of Motor Vehicles, there are 23,00,30,598 (23 crore) registered vehicles of which 16,89,75,300 (16~17 crore) are 2 wheeler. Rest all (6,05,82,655 ~ 6 cr) are eligible for FastTag and all the charges that are to be incurred with it. There is a joining fees for…