New Delhi, April 11: Lok Sabha approved the ‘Motor Vehicle (Amendment) Bill, 2016’ on Monday. The amendments include fine for traffic violations, compensation of Rs. 5 lakh for grave injuries, and check bogus licenses and vehicle theft.The Bill amends the Motor Vehicles Act, 1988 to address issues such as third party insurance, regulation of taxi aggregators, and road safety. The bill calls for 100% e-governance and will cap maximum liability for third party insurance at Rs. 10 Lakh in case of death in a motor accident.
The changes in the Motor Vehicles (Amendment) Bill, 2016, were approved by the Union cabinet on March 31. The bill introduced in Parliament last year had proposed 89 clauses for amendment out of which only 57 were accepted by the Parliament Standing Committee on Transport, headed by Mukul Roy.
While speaking on the bill, Road Transport and Highways Minister Nitin Gadkari said that all efforts would be made to eliminate corruption in the sector. No bogus driving licenses would be made and there would be no theft of vehicles once there is e-governance.”