India Loses 3% GDP Annually Due to Road Accidents: Gadkari

1 Minute Read
Share:    

Mar 25, 2025 16:15

India experiences 5 lakh road accidents annually, resulting in a 3% GDP loss, says Union Minister Nitin Gadkari. He highlights poor DPRs as a key factor and announces incentives for accident victims.
India Loses 3% GDP Annually Due to Road Accidents: Gadkari
New Delhi, Mar 25 (PTI) India is losing 3 per cent of its GDP due to around 5 lakh road accidents annually in the country, Union Minister Nitin Gadkari said on Tuesday.

The Minister for Road, Transport and Highways made the remarks while addressing AMCHAM's Technology Interventions For Road Safety: US-India Partnership in the national capital.

The most important problem for the country is road accidents, Gadkari said, noting that every year India sees 4,80,000 accidents, which lead to 1,88,000 deaths of people aged between 18 and 45 years.

The minister raised concerns that 10,000 deaths are of children below 18 years.

Gadakri said, "It is one of the major public health issue and the most important thing is also, we are losing 3 per cent of GDP because of road accidents."

The Union minister cited poor detailed project reports (DPRs) as one of the key reasons for accidents.

"DPR consultants are the main culprits who are responsible for the road accidents. (They prepare DPRs) sometimes because of cost saving, other different reasons and non-serious approach....," he said.

Gadkari further said that to promote helping of accident victims, the government has decided to provide an award of Rs 25,000.

"We have taken the decision that any third person who is going to help to the victim of an accident, we will give him an award of RS 25,000. Also, if any patient, by accident or after accident, is admitted to any hospital...we can give him Rs 1,50,000 maximum or 7 years expenditure for his treatment from the doctor," he said.
Share:    

TODAY'S MOST TRADED COMPANIES

  • Company Name
  • Price
  • Volume

See More >

Moneywiz Live!