Stressing on the need to bring more vehicles under the ambit of insurance, Gadkari said FASTags should be made mandatory for obtaining vehicle insurance.
New Delhi: Stressing on the need to bring more vehicles under the ambit of insurance, Gadkari said FASTags should be made mandatory for obtaining vehicle insurance.
“There should be a rule that along with other documents, FASTags should be mandatory for requiring vehicle insurance,” Gadkari said on the sidelines of a workshop on motor vehicle insurance and road safety here on Tuesday.
According to IRDAI, about 40% of vehicles in the country are not under the ambit of insurance. Commercial vehicles are highly compliant, at 80%, while only 60% of private four-wheelers in the country are insured.
The government has mandated electronic toll collection via FASTags across national highways.
- Advertisement -DISCLAIMER
We have taken all measures to ensure that the information provided in this article and on our social media platform is credible, verified and sourced from other Big media Houses. For any feedback or complaint, reach out to us at businessleaguein@gmail.com
We have taken all measures to ensure that the information provided in this article and on our social media platform is credible, verified and sourced from other Big media Houses. For any feedback or complaint, reach out to us at businessleaguein@gmail.com
