Speed Post News Network
New Delhi : The Ministry of Road Transport and Highways ( MoRTH) has notified a new scheme for compensation to victims of Hit& Run motor accidents vide notification dated February 25 , 2022, to cater to enhanced compensation ( from Rs 12,500 to Rs 50,000 for grievous hurt and from Rs 25,000 to Rs 2,00,000 for death).
The process of application for compensation and the release of payment to victims has also been made time bound. This scheme will supersede the Solatium Scheme, 1989 from April 1, 2022, onwards, according to a PIB release.
The Ministry on February 25, 2022, also published rules regarding creation, operation, sources of fund etc. of the Motor Vehicles Accident Fund . This fund shall be used for providing compensation in case of Hit &Run Accident, treatment for accident victims, and any other purpose, as may be specified by the Central Government.