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Number of train accidents in India is down from 135 in 2014-15 to 31 in 2024-25: Railway Minister

Number of train accidents in India is down from 135 in 2014-15 to 31 in 2024-25: Railway Minister

by AIP Online Bureau | Dec 10, 2025 | Eco/Invest/Demography, Indian News, Policy, Risk Management, Technology

Vaishnaw highlighted various safety measures taken by the Indian Railways to enhance safety in train operations. He said that the budgetary outlay for safety-related activities had been enhanced nearly 3-fold from Rs 39,463 crore in 2014-15 to over Rs 1.16 lakh crore...
Govt considers nuclear liability fund in excess of Rs15 billion for major accidents

Govt considers nuclear liability fund in excess of Rs15 billion for major accidents

by AIP Online Bureau | Sep 25, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management

The planned fund would provide a clear legal mechanism to finance compensation beyond the operator’s cap. For insurance coverage against nuclear accidents, India now relies on a nuclear insurance pool, a policy tool launched in 2015 but not embedded in law. Though...
Gadkari blames faulty DPRs, road designs for increasing road accidents in India

Gadkari blames faulty DPRs, road designs for increasing road accidents in India

by AIP Online Bureau | Mar 7, 2025 | Eco/Invest/Demography, Indian News, Policy, Risk Management

Nitin Gadkari ,Minister of Road Transport & Highways Gadkari said India witnessed 1,80,000 deaths due to road accidents in 2023.with road safety a top priority, the government aims to reduce number of road accidents by 50 per cent by 2030 New Delhi: Union Minister...
Gadkari blames faulty DPRs, road designs for increasing road accidents in India

Make faulty road construction non-bailable offence: Gadkari

by AIP Online Bureau | Jan 16, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Policy

According to the minister, the ministry data of road accidents in 2023 shows five lakh mishaps in the country resulting in 1,72,000 deaths. “Of this, 66.4 per cent, or 1,14,000, were in the 18-45 years age bracket while 10,000 deaths were of children,”...
UP implements ‘no helmet, no fuel’ rule to put curb on road accidents

UP implements ‘no helmet, no fuel’ rule to put curb on road accidents

by AIP Online Bureau | Jan 12, 2025 | Indian News, Policy, Regulation, Risk Management

Chief Minister Yogi Adityanath had noted that annually 25,000-26000 lives are lost in the state due to road accidents Lucknow: The Uttar Pradesh Transport Department is implementing a strict “no helmet, no fuel” policy across cities in the state in an...
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