Big Update from the Government: FASTag, Petrol, and CNG will not be given without any insurance
For vehicle owners, this information is crucial!
If you have recently been considering purchasing a car, this news will be beneficial to you. Be aware that the regulations about CNG, petrol, and FASTag will shortly change. Third-party insurance is now required by law. Drivers without third-party insurance will not be permitted to purchase FASTag or fill up with petrol, diesel, or compressed natural gas.
Third-Party Insurance Is Now Compulsory
The Road Transport Ministry has been urged by the Finance Ministry to take stringent action to increase the number of persons who can obtain third-party insurance. This means that your DL won't be renewed if you don't have third-party insurance. Soon, such a law will be put into effect. No car is allowed to operate on the road without third-party insurance under the Motor Vehicle Act. Additionally, their driver's license will not be renewed.
Although it hasn't been put into effect yet, this rule will be implemented strictly shortly. Several ideas about Motor Vehicle Insurance (MVI) are presently being contemplated by the government.
The goal is to ensure that no car covered by the Motor Vehicles Act is driven without third-party insurance. If the vehicle owner/driver lacks third-party insurance, he will not be permitted to purchase petrol, diesel, or FASTag. Not even this, his driver's license or policy certificate will be altered.
Big Changes Can Happen
All motor vehicles must carry third-party insurance under these regulations. The Third Party Insurance Rule is the name given to this. The motorist faces a three-month jail sentence for breaking the rules. Given that one in two cars on Indian roads lack third-party insurance, the government has made this choice.
Why Third-Party Insurance is Necessary
Under the Motor Vehicle Act, which stipulates the necessity of third-party insurance coverage, the government will instruct the states and union territories to put this law into effect. The government has made an effort to make sure that only when your vehicle has third-party insurance then only you can accomplish all the necessary tasks associated with it, such as purchasing gas, getting a quick tag, and renewing your license. The Ministry of Road Transport may amend these regulations to accommodate cars to achieve this.
Conclusion
States have been requested to utilize the information to assess how well electronic challans are being implemented. According to the study, states are now required to submit data regarding insurance coverage and individual registration (car registration). These regulations might soon be altered in light of the current situation. To guarantee compliance, instructions will be provided right away.
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