The 21-member council will suggest proper and effective installation of signages besides redesigning of city's roads to ensure safety of the people.
The move comes days after a study found that nearly 70 per cent of road signs in Delhi are wrongly designed and placed and could be behind traffic violations which resulted in accidents.
According to the notification issued by the Delhi, the transport department, DTC chairman, principal secretary (PWD), transport secretary, health secretary, education secretary, all three municipal commissioners and special commissioner (traffic) are among the members of the council.
"The council will ensure coordination between multiple agencies for safety of all road users including pedestrians, non-motorised and motorised transport," stated the notification which was issued on July 7.
It added that the council will also incorporate safety features and proper facilities for road users at designing, re-designing and maintenance stages.
According to a senior government official, the council will meet at least twice a year or according to requirements.
Last month, Delhi-based Institute of Road Traffic Education (IRTE) had released a study, saying that of around 1,514 regulatory, warning and information signages on the surveyed stretch, 1,098 (75 per cent) do not meet prescribed norms.
Similarly, it was found that most of the primary and secondary traffic signals at intersections were not functioning in accordance with prescribed standards or were wrongly installed.
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