Open up road transport sector in passenger segment
Q. Which of the following is/are true?
1) The road transport sector in passenger segment will be strictly monitored to reduce private players and boost public transport.
2) The necessary amendments in the Motor Vehicles Act will lead to greater public convenience, new investment in this sector.- Published on 21 Mar 16a. Only 1
b. Only 2
c. Both 1 and 2
d. Neither 1 nor 2
ANSWER: Only 2
- Government will enact necessary amendments in the Motor Vehicles Act and open up the road transport sector in the passenger segment.
- An enabling eco-system will be provided for the States which will have the choice of adopting the new legal framework.
- Entrepreneurs will be able to operate buses on various routes, subject to certain efficiency and safety norms.
- The major benefits of this game changing initiative will be provision of more efficient public transport facilities, greater public convenience, new investment in this moribund sector, creation of new jobs for our youth, growth of start-up entrepreneurs and other multiplier effects. These measures will take us faster down the road to development.
