The Central Government vide notification dated 25th February, 2022 has issued the Central Motor Vehicles (Motor Vehicle Accident Fund) Rules, 2022. The Hit and Run Compensation Account shall be utilised for providing compensation to hit and run accident victims, and reimbursement of claim amount raised by the Hospital for cashless
treatment of hit and run motor accident victims, as per scheme framed under section 162, to the Account for Uninsured Vehicles or Hit and Run Motor Accident in accordance with this rule.
RBI releases Annual Report of Ombudsman Scheme, 2023-24
The Annual Report covers the activities under the Reserve Bank – Integrated Ombudsman Scheme (RB-IOS), 2021 as well as major developments during the year in