CURRENT AFFAIRS

Detailed explanation-1: -Disbursement of fund for hit and run compensation. - In case of hit and run motor accidents, the compensation under section 161 shall be disbursed from the Hit and Run Compensation Account in accordance with the Compensation to Victims of Hit and Run Motor Accidents Scheme, 2022. Tags: Traffic Accidents.

Detailed explanation-2: -An person injured in an motor accident or legal representatives of a person deceased in motor accident may apply for compensation under Motor Vehicles Act, 1988. It is an act to prevent Motor Accidents and in case of happening of an accident to provide adequate compensation to the injured and to punish the wrongdoers.

Detailed explanation-3: -Section 164 of the amended act provides that the owner of the vehicle or the insurer will have to pay Rs 5 lakh in case of death or Rs 2.5 lakh in case of grievous hurt to the victim.

Detailed explanation-4: -The compensation that the claimant can claim is Rs 50,000/- in case of death, and Rs 25,000/- in case of permanent disability. Permanent disability under this Act means : permanent loss of power of any member or joint muscle.