RTI shows 10.46 lakh motor accident claims pending nationwide
ECONOMY & POLICY

RTI shows 10.46 lakh motor accident claims pending nationwide

According to information obtained through the RTI Act, there are up to 10,46,163 automobile accident claims totaling Rs 804 billion that are still outstanding nationwide. The number of these claims has climbed steadily during 2018?19 and 2022?2023 as well. The Insurance Regulatory and Development Authority of India (IRDAI) has furnished the information in response to a request made in April by counsel K C Jain of the Supreme Court.

Jain had asked the Ministry of Road Transport and Highways (MoRTH) how many motor accident claims were still outstanding nationwide, broken down down by state and district. Additionally, he was interested in learning the yearly breakdown of claims filed, dismissed, and pending over the previous five years as well as any efforts that had been He also sought to know the annual break up of claims instituted, disposed of and remaining during the last five years and the initiatives, if any, taken by the Centre for an early disposal of the motor accident claims.

According to IRDAI's information, at the end of the financial years 2018-19, 2019-20, 2020-21, 2021-22, and 2022-23, the number of motor accident claims pending was 9,09,166, 9,39,160, 10,08,332, 10,39,323, and 10,46,163, respectively, with claim amounts of Rs 527 billion, Rs 610 billion , Rs 707 billion, Rs 747 billion, and Rs 804 billion, respectively.

Citing the data, Supreme Court remarked that the number of pending claims had been progressively increasing each year, accompanied by a delay in resolving claims for the dependents of deceased and injured persons in road accidents. He expressed concerns over the sluggish pace of claim settlements, estimating that it typically takes an average of four years for a victim to receive financial relief. Jain pointed out that, according to the pace of claim settlements, the number of pending cases at the commencement of the financial year 2022-23 had been 10,39,323, with 4,54,944 new claims received that year. Consequently, the total number of pending claims had amounted to 14,94,267, of which only 4,48,104 cases had been settled, accounting for a mere 29 percent of the total cases. Therefore, he concluded that, on average, it takes approximately four years to adjudicate a claim. In response to the protracted delays in the adjudication of motor accident claims, Jain mentioned that he had lodged an interlocutory application in the Supreme Court under a writ petition (civil). He demanded that, considering the delays in decision-making and compensation disbursement in road accidents, the central government should formulate an interim payment scheme under Section 164A of the Motor Vehicles Act, facilitating expedited relief for victims.

According to information obtained through the RTI Act, there are up to 10,46,163 automobile accident claims totaling Rs 804 billion that are still outstanding nationwide. The number of these claims has climbed steadily during 2018?19 and 2022?2023 as well. The Insurance Regulatory and Development Authority of India (IRDAI) has furnished the information in response to a request made in April by counsel K C Jain of the Supreme Court. Jain had asked the Ministry of Road Transport and Highways (MoRTH) how many motor accident claims were still outstanding nationwide, broken down down by state and district. Additionally, he was interested in learning the yearly breakdown of claims filed, dismissed, and pending over the previous five years as well as any efforts that had been He also sought to know the annual break up of claims instituted, disposed of and remaining during the last five years and the initiatives, if any, taken by the Centre for an early disposal of the motor accident claims. According to IRDAI's information, at the end of the financial years 2018-19, 2019-20, 2020-21, 2021-22, and 2022-23, the number of motor accident claims pending was 9,09,166, 9,39,160, 10,08,332, 10,39,323, and 10,46,163, respectively, with claim amounts of Rs 527 billion, Rs 610 billion , Rs 707 billion, Rs 747 billion, and Rs 804 billion, respectively. Citing the data, Supreme Court remarked that the number of pending claims had been progressively increasing each year, accompanied by a delay in resolving claims for the dependents of deceased and injured persons in road accidents. He expressed concerns over the sluggish pace of claim settlements, estimating that it typically takes an average of four years for a victim to receive financial relief. Jain pointed out that, according to the pace of claim settlements, the number of pending cases at the commencement of the financial year 2022-23 had been 10,39,323, with 4,54,944 new claims received that year. Consequently, the total number of pending claims had amounted to 14,94,267, of which only 4,48,104 cases had been settled, accounting for a mere 29 percent of the total cases. Therefore, he concluded that, on average, it takes approximately four years to adjudicate a claim. In response to the protracted delays in the adjudication of motor accident claims, Jain mentioned that he had lodged an interlocutory application in the Supreme Court under a writ petition (civil). He demanded that, considering the delays in decision-making and compensation disbursement in road accidents, the central government should formulate an interim payment scheme under Section 164A of the Motor Vehicles Act, facilitating expedited relief for victims.

Next Story
Infrastructure Urban

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Next Story
Infrastructure Transport

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Next Story
Infrastructure Transport

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement