Revamping Road Safety: Government to Impose Fines on Contractors for Frequent National Highway Accidents – Going Cashless!

Summary The Government of India has recently introduced a comprehensive policy to enhance road safety on National Highways by imposing financial penalties on contractors responsible for highway stretches under the build-operate-transfer (BOT) model that experience frequent accidents. Under this policy, contractors are liable to pay fines starting at ₹25 lakh if two or more accidents […]