The Lok Sabha, on Monday, passed the Motor Vehicles (Amendment) Bill, 2016. It was passed by a voice note, and several amendments moved by the opposition were reportedly rejected.
The Bill was introduced in the Lok Sabha on August 9, 2016, aiming to amend the Motor Vehicles Act, 1988, and address issues around third party insurance, regulation of taxi aggregators, and road safety. The Cabinet had then approved various changes in the Bill last month. These include 16 amendments and rejection of three suggestions made by the Parliament Standing Committee. The Bill will now go to the Rajya Sabha for its nod, and then the President of India for his assent.
Highlights of the Bill: