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Road Transport and Safety Bill 2015 Provides for Crash Fund

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Delhi
The Ministry of Road Transport and Highways proposed Road Transport and Safety Bill, 2015, in Chapter XI, provides for constitution of a Motor Vehicle Crash Fund. The following shall be credited to the fund:

i) A cess or tax or payment of a nature notified and approved by Central Government.

ii) Any grant or loan made to the fund by the Central Government.

iii) Any other source of income as may be prescribed by the Central Government.

This information was given by Minister of State for Ministry of Road Transport and Highways Shri Pon Radhakrishnan in a written reply in Lok Sabha today.

 

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First Published: Mar 12 2015 | 2:20 PM IST

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