New Delhi. The Ministry of Road Transport and Highways has notified a new scheme for compensation of victims of Hit& Run motor accidents vide notification dated 25th February, 2022 to cater to enhanced compensation ( from Rs 12,500 to Rs 50,000 for grievous hurt and from Rs 25,000 to Rs 2,00,000 for death ) .The process of application for compensation and the release of payment to victims has also been made time bound . This scheme will supersede the Solatium Scheme, 1989 from 01st April, 2022 onwards.
Ministry has also published rules on 25.2.2022 regarding creation, operation, sources of fund etc. of the Motor Vehicles Accident Fund . This fund shall be used for providing compensation in case of Hit &Run Accident, treatment for accident victims and any other purpose, as may be specified by the Central Government.