Government plans to keep 1% of highways project cost for road safety
Posted on: 29 Apr 2016 17:38:07
29 April 2016 Current Affairs: The government plans to make it mandatory to set aside 1 per cent of total cost of any highway project for road safety, Union Minister Nitin Gadkari .
If cost of construction is Rs 1,000 crore then one per cent comes to Rs 10 crore. We will use those Rs 10 crore for road safety issues that include fixing accidental spots, installing cameras and lights and on other such issues.
The government is committed to reducing the number of road accidents and fatalities by 50 per cent in next two to three years. The new road safety bill could not be introduced in Parliament due to opposition from some states who said the proposed law encroached on their financial rights.
In order to address these concerns as also to bring in a stricter road safety regime, a meeting of state transport secretaries and stakeholders was held here on April 22 to provide inputs for the April 29 meeting. A final decision on the new safety bill will be taken in the meeting and based on that, consent from states will be sought as the issue falls under concurrent list.
As a signatory to Brasilia Declaration, India has expressed its commitment to reduce the number of road accidents and fatalities by 50 per cent by 2020.
FreshersLive - No.1 Job site in India. Fresherslive Current Affairs 2016 section offers informative quiz questions with answers regarding latest current affairs today for all sorts of competitive exams like UPSC, TNPSC , IFS, IAS, IPS, railway exams (RRB) and banking exams like IPBS PO, IPBS clerk, Federal Bank PO, ICICI, SBI, RBI legal officer & Grade officer posts and much more. Register with us to get latest Current Affairs Updates. Also get latest Current Affairs news and quiz Updates for free alerts daily through E-mail