India VAHAN data to calculate vehicle fire risk

Ministry of Road Transport & Highways (MoRTH) has extended its pilot project of cashless treatment worth Rs 30,000 to accident victims on National Highway stretch of Mumbai Baroda, and Ranchi Jamshedpur. The pilot project is operational on the 226 Km Gurgaon-Jaipur National Highway No 8 stretch.

Indian auto industryRs 20 Crore has been earmarked for the first pilot project, but its 1st year hasn’t exceeded Rs 5 crore, Based on data compiled by IIT Delhi, Vijay Chibber, Secretary, Ministry of Road Transport & Highways announced its extension at a seminar on “Role of Insurance Sector in Road Safety” today.

Once both new pilot projects on Mumbai- Baroda Highway and Ranchi-Jamshedpur Highway are completed, it will be extended across Indian National Highways at total annual expected cost of Rs 500-600 crore to be used as insurance for road users on highways. Health and motor vehicle insurance companies are expected to offer new projects on this line in their capacity as key stakeholders for road safety.

Under Gurgaon Jaipur pilot project, road accident victims are taken to the nearest hospital, and in the first crucial 48 hours, their medical cost upto Rs 30,000 is taken care by the government. Sanjay, Bandopadhyaya, Joint Secretary in the Road Transport Ministry said costs over the limit is borne by the victim or their family.

Government plans to share its VAHAN centralized vehicle registration data with insurance companies for better road and driving behaviour alongwith keeping tab on quality of vehicles and designing risk schedules for vehicles. Recently some particular brand of vehicles caught fire, and crucial data can help insurance companies calculate risks.

Key issues considered during the seminar included motor insurance industry influence, fair and timely compensation of road victims, promotion of safe driving and discouragement of unsafe driving by insurers, road safety activity funding and likely investment by insurance companies.