New ₹ 7,270 crore scheme for road safety in 14 States
The Hindu
The scheme will incentivise State governments to drive road safety interventions at the grassroots level.
The Union Ministry of Road Transport and Highways (MoRTH) is all set to roll out a new ₹7,270 crore State Support Programme for Strengthening Road Safety to help realise the vision of 'Zero road fatalities on Indian roads.' The centrally-sponsored six-year programme will be implemented in 14 States that are now contributing to 85% of the total road fatalities in the country.
While MoRTH will lend a budgetary support of ₹3,635 crore, an amount of ₹1,818 crore will be secured as loan each from the World Bank and the Asian Development Bank.
Of the total cost, ₹6,725 crore will be disbursed to the 14 States based on their performance while MoRTH will use ₹545 crore for capacity building activities.