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Only Third-Party Insured Vehicles May Get FASTags
Hindustan Times Gurugram
|January 27, 2025
Finmin Asks Roads Ministry To Consider Measures To Expand Third-Party Insurance
NEW DELHI: Want to buy fuel, get a FASTag, or renew your driving licence? Soon, you may have to show that your vehicle has valid third-party insurance.
The Union finance ministry has asked the roads ministry to consider various measures to expand third-party insurance, which remains patchy despite stringent punishments listed under the Motor Vehicles Act, two people aware of the matter said. These include sending text messages to uninsured vehicle owners, and insisting on third-party insurance to buy fuel and obtain FASTags, as well as renew driving licence and pollution control certificate.
Under Motor Vehicles Act, 1988, all motor vehicles must compulsorily have an insurance policy covering third-party risks, and offenders can be jailed for as long as three months. The move comes at a time when more than one in two vehicles on Indian roads do not have third-party insurance, which is designed to cover the costs of losses to a stranger in an accident.
This story is from the January 27, 2025 edition of Hindustan Times Gurugram.
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