The Supreme Court on Friday directed the Centre to consider amending the Motor Vehicles Act to enhance the compensation granted to victims of hit-and-run accidents while reminding the government that the “value of money diminishes with time”.
The Motor Vehicles Act allows the victims to be paid a compensation of ₹2 lakh in case of death and ₹50,000 for injuries caused during hit-and-run accidents.
“We direct the Central Government to consider whether the compensation amounts can be gradually enhanced annually. The Central Government shall take an appropriate decision on this issue within eight weeks from today,” a Bench headed by Justice A.S. Oka ordered.
