Utilising the Potential of India's Web-3 Ecosystem to Unlock New Opportunities

 

India is one of the world's most dynamic and fastest-growing markets, and the country's Web-3 ecosystem is no exception. With the country's rapidly expanding digital population, and the increasing adoption of blockchain-based technologies, Web-3 is becoming an increasingly important part of the Indian economy. Web-3 is an umbrella term that describes a range of decentralised technologies, such as blockchain, distributed ledgers, and smart contracts. These technologies create new, more efficient, and secure ways of doing business. In India, Web-3 has been embraced by the public and private sectors, with several government initiatives launched to drive adoption and development. For example, the Indian government has established the Ministry of Electronics and Information Technology (MeitY) to oversee the country's Web-3 ecosystem. Through MeitY, the government is helping to develop the infrastructure needed for Web-3 technologies, investing in research and development and creating regulatory frameworks.

The government is also providing incentives to businesses and startups to encourage the adoption of Web-3 technologies. The Indian web-3 ecosystem is built on a decentralised, distributed and immutable ledger technology, which makes it more resilient against cyber-attacks and data breaches. The private sector has also been investing heavily in the Web-3 ecosystem. Several Indian startups have launched blockchain-based solutions to improve the efficiency of processes such as payments, supply chain management, and digital identity management. These startups are also driving innovation in the Web-3 space, with new applications and services being developed. The growth of the Indian Web-3 ecosystem has been further spurred by the country's large and rapidly growing digital population. With more than 500 million internet users, India is the world's second-largest internet market. This means an increasingly large and technologically advanced user base for Web-3 technologies. The increasing adoption of blockchain-based technologies is also driving the Indian Web-3 ecosystem by large corporations. Companies such as Reliance, Tata, and Wipro are investing in blockchain-based solutions, and the central bank of India has launched a blockchain platform for interbank payments. Overall, the Indian Web-3 ecosystem is one of the fastest-growing worldwide. With the government's support and investment, the private sector's innovation, and the country's large and technologically advanced user base, Web-3 is set to become increasingly important in the Indian economy.

 

Akhilesh Srivastava Global Technology Leader, has successfully led numerous e-governance projects, including the FASTag (India's electronic toll collection system), the e-Tendering platform (the Central Public Procurement Portal used by almost all central, state, and PSUs for bidding), the e-Measuring Book (for transparent measurement of the project under execution), the citizen-centric highway information mobile app Sukhad Yatra, the Geo-Fencing in India. In addition, the Road Safety 2.0 programme of the World Economic Forum is now being led by Mr Akhilesh Srivastava. With a technology-driven strategy to build a human-centric road ecosystem where technology makes up for human limitations to increase road safety, Road Safety 2.0 is "Shaping the Future of Road Safety in India."

 

The Web-3 Ecosystem in India is one of the most rapidly expanding in the world. Between 2014 and Q3-2022, Indian Web-3 startups raised around $1.5 billion in funding. When we consider technology and how it has evolved, Web-3 is already dominating. I believe there will be a significant change in how financial data is collected, handled, and reported. Metaverse Banking elevates Net Banking by providing clients with a more individualised user experience and data visualisation. Several of the big banks have already begun making investments in this field. Recently, the Union Bank of India announced the opening of the Metaverse Virtual Lounge to give its clients a distinctive banking experience.

 

 

Customers can explore the lounge and get information on bank savings, loans, government assistance programmes, and digital initiatives like real-world experience, thanks to Metaverse. One essential use case for banking is the capability to virtually visit a bank. Machine learning can help us make the accounting process better. As a result, the creation of useful information for making decisions will be considerably more machine-driven. GST and income tax return fraud may be found using AI and ML. Records and certificates may be secured using blockchain technology. The handling of financial information will undergo significant change due to the implementation of Web-3.

 

Conclusions

 

Web-3 Ecosystem technologies are being developed more effectively and doing business practices. India's public and business sectors have adopted Web-3, and the government has sponsored several measures to encourage adoption and growth. Building a human-centric road ecosystem where technology compensates for human limitations to improve road safety is the goal of this technology-driven strategy. The government also incentivises startups and small enterprises to promote Web-3 technology.

Source link: https://medium.com/@akhlisheshsrivastva/utilising-the-potential-of-indias-web-3-ecosystem-to-unlock-new-opportunities-1b8a94698f56

 

Akhilesh Srivastava's innovative ideas for installing AI technology in the Business world

Future appears now linked withthe word artificial intelligence. The mimicking of human-like intellectual processes by machines, particularly computer systems, is known as artificial intelligence. AI systems typically operate by gathering an enormous amount of labelled training data. The outcome is then predicted using the data's correlations and patterns, which are evaluated afterwards. Sub-domains of AI include machine learning, deep learning, neural networks, natural language processing, computer vision, and cognitive computing. Different uses of these sub-domains are made depending on the circumstances. While humanoid robots taking over the world is how science fiction books and Hollywood films depict AI, the current progress of AI technology, called Narrow AI, is neither terrifying nor particularly intelligent. Instead, AI has evolved to provide various technical advantages across all industries.

 

For instance, AI performs repetitive activities and professions requiring attention to detail much better than human labour. Thanks to it, large data jobs take much less time to complete, and the results are reliable. The efficiency of AI has already increased in every industry in which it has been used, demonstrating its value. In the case of this highly digitalised system, there is no going back.In all industries, AI has left its imprint. The same applies to business. There are innumerable commercial uses for AI. We'll see how AI will affect business intelligence in the future. Data has been the foundation of contemporary business for many years. Businessmen and entrepreneurs have used it to guide their judgments. AI-powered robots or software agents are going through a similar change in several sectors. 

 

Akhilesh Srivastava is aglobally reputed Digital and Innovative Technology leader. He is the IT advisor to the government of Uttrakhand and the former chief general manager (commercial operations & IT) of NHAI.

 

As an IT advisor,he implements AI technologies to improve administrative efficiency and promptly deliver citizen services. When fully operational, the Big Data Platform Uttarakhand Data Lake will transform the state government administration to the next generation.  It will not only improve transparency and reduce the time taken in decision-making but will also support the administrators in policymaking and taking decisions based on real-time data analytics and simulation of data by the Uttarakhand Data Lake AI engine. It will improve the public delivery system and citizen services efficiently beyond comprehension. Uttarakhand is the first state in the country which is implementing so many web-3 applications simultaneously.

 

Covid-19 vaccine development was accelerated using AI; instead of taking years, the first batch of vaccines was tested three months after the virus was identified. Automation in contact centres, factories, and warehouses all employ AI. Additionally, it allowed them to understand their clientele fully. The human brain cannot digest all of the info; hence there is a cost associated with it. Artificial intelligence (AI) and its role in business intelligence decision-making are helpful in this situation. 

 

As a digital and innovative technology leader, Akhilesh Srivastava has talked at several conferences on AI technology over the last few months, each of which was eye-opening in its way and highly energising in terms of new technology and AI. He spoke extensively on using AI in new areas in global enterprises.

 

Akhilesh Srivastava discusses creating new business practices by building new technologies and AI. Akhilesh Srivastava is a digital and innovative technology leader currently leading Road Safety 2.0 initiative. Road Safety 2.0 is shaping the future of Road Safety in India with AI technology-driven approach to create a human-centric road ecosystem where AI technology compensates for human limitations to improve road safety. 

The field of artificial intelligence has grown over time thanks to technological breakthroughs. As a result, three recognised levels of AI can now be encountered.

 

• Assisted intelligence, which emphasises automating routine activities. Such as the equipment used in assembly lines.
• Augmented intelligence: Symmetry is a byproduct of augmented intelligence. It involves both parties. The goal is to teach robots from human input. Humans, in turn, rely on the wisdom of their decisions on knowledge.
• Automation intelligence: Simply put, this refers to machines' automation of the entire process, cutting humans from the equation. Taking self-driving automobiles and autonomous robotics as examples.

 

It is crucial to discuss deep learning. Inventors and scientists in recent years widely used artificial intelligence. Technology has finally caught up with the advent of faster and more powerful GPUs. In 2015, industry analysts noticed a revival when speedy and strong parallel computing became more affordable. 

 Conclusions 

AI has made its mark across all industries. Similar rules apply to business and government administration. AI will not only improve transparency and reduce the time taken in decision-making in a government organisation but will also support the administrators in policymaking and taking decisions based on real-time data analytics and simulation of data; an example is the Uttarakhand Data Lake.AI has countless business applications. In the future, we'll witness how AI will impact business intelligence. For many years, data has been the cornerstone of modern business. Entrepreneurs and businessmen have utilised it to inform their decisions. Similar changes are occurring across other industries regarding software or robot agents driven by AI. It is essential to talk about deep learning. Up until recently, scientists and innovators have yet to employ artificial intelligence. Akhilesh Srivastava discusses creating new business practices by building new technologies and AI. The development of faster and more powerful GPUs/IPUs has allowed technology to catch up. 

source link: https://medium.com/@akhlisheshsrivastva/akhilesh-srivastavas-innovative-ideas-for-installing-ai-technology-in-the-business-world-204fff315c5c

Advancing Road Construction & Safety 2.0: Mr. Akhilesh Srivastava Led a Global Conference in 2022

 

India is building highways more quickly than ever. By setting a goal of building 100 km of roads each day over the next two years and taking actions to put road safety measures into place, the Government of India has given the highest priority to safe and sustainable infrastructure development with scale and speed.

 

The conference's goal was to identify and encourage new technologies that will hasten social and economic growth under the theme "Building Sustainable Infrastructure with New Age Technologies and Road Safety 2.0." At the Global Road Building & Safety Conference 2022 (GRC - 2022), which took place on November 30, the Taj Palace in New Delhi, Delhi, experienced the warmth of engaging discussions on breakthrough technologies that can alter the future of road safety, road construction, and financing in India and globally too.

As Chairman of the organising committee, Shri  Akhilesh Srivastava, a Global Technology leader, emphasised that modern technology is essential to enhancing road safety. The fact that fatalities on roads increased by 16% in 2021 compared to 2020 is evidence that the traditional approaches to road safety are not working as intended. This is true despite all efforts by MoRTH's and NHAI. With the use of AI, Telematics, and Data Analysis, the session discussed safety precautions. In addition to the sophisticated traffic management system on the highways for improved enforcement, Mr Akhilesh emphasises that we need technology to help drivers to keep them alert and make them safer. Similarly we need technology in vehicles like ADAS to make it intelligent to avoid collisions and accidents.

Sustainable Infrastructure & Building Green with Road Safety 2.0 and New Age Technologies was the conference's theme, which CRRI organized with assistance from Ease of Doing Business (EODB). As the chairman of the organizing committee for the "Road Construction & Safety Conference (GRC - 2022)," he started fascinating discussions on cutting-edge technology in the construction sector through a rare convergence of government, Business, and academia. As a result, how roads are built, financed, and safely maintained in India may be redefined.

More than 50 speakers from Government, IITs, Industry and Experts from various organisations participated in the GRC-2022 conference, which was spread over 11 sessions of talks and presentations over a long day without a tea or coffee break and a jam-packed agenda up till 9 PM. Over 400 participants from India and beyond attended the conference, including representatives from the equipment business, IoT experts, and drone operators. More than ten senior government officials from Niti Aayog, CPWD, MoRTH, NHAI, CRRI, RITES, and IRCON were among the speakers. There were also more than 20 speakers from leading companies in the industry, including Ashoka Buildcon, L&T, 3M, G R Infraprojects Ltd, Cube Highways, OSE, Keltron, Park+, Humasafer App, BITCOL, HP, Indian Oil, and more.

These five main themes were the subject of the stimulating discussions:

1. Innovative technologies for building roads that reduce costs and save time.

2. New environmentally friendly and sustainable building materials with the least amount of carbon emissions.

3. Modern technology for reducing traffic deaths.

4. New financial developments in the transportation sector, and

5. A step toward achieving Net Zero in road construction and lowering carbon emissions.

The budgetary allotment has grown from INR 33,414 crores (Financial Year 2015) to INR 1 83,101 crores (Financial Year 2022). But to create and maintain better and safer roads, we must develop new financial strategies since we can only rely on government assistance for a while. The government initiatives for new finance models through InvIT, TOT (Toll Operate & Transfer), and SPVs were highlighted by Mr Sajany Varma, General Manager (Fin) NHAI. The speaker emphasised that InvITs would soon be listed on the stock market so that retail investors could trade units, giving the average person a chance to invest in infrastructure projects.

Mr Akhilesh Srivastava launched an innovative "School Zone Road Safety Portal" created by IRF in partnership with 3M and Proactive Foundation. The portal is going to be a real game changer to road safety around schools In India. One out of every ten RTI-related fatalities of children between 0 and 14 occurred. Only 17% of schools had speed limits posted on the road, and only 11.5% had school zone signage. How safe are our schools if kids are the most susceptible to road accidents near schools? The portal will record and highlight the discrepancy between road safety features required per the IRC and the road safety features available in the school by displaying it on a single dashboard. This will allow everyone to see the road safety vulnerability near the schools where their children are studying and to exert pressure on schools and the administrative and engineering authorities to make school zones safer for the children and address the shortcomings.

The portal's primary characteristics will be:

1. Schools are ranked according to ratings determined based on the presence of road safety features in the vicinity of the schools and presented on the IRF website.

2. Parents and residents can view information about school traffic safety.

3. For schools, road safety auditors, and engineering authorities & district administration, there are unique role-based login options.

4. Road safety features are scored and submitted quickly, making it simple for regular people to grasp.

5. If any action is not taken promptly, an escalation matrix will be used to scale the issues with the relevant top administrative authorities.

 

Dr Ambika Behl, who presided over the most critical session on How to minimise carbon emission in building a road- a step towards Net Zero emission in road construction, emphasised the necessity of using greener building materials and methods. However, because of the more significant expenses, Ms Atasi Das, Asst. The Vice President of G R Infra project Ltd. emphasised the industry's reservations about using these technologies. However, she emphasised that projects should be encouraged to adopt these by providing enough incentives and subsidies. In response, Senior Environmental Specialist of World Bank, Ms Neha Vyas, described the numerous programmes encouraging eco-friendly products and technology.

Conclusions

Shri Akhilesh Srivastava announced that the GRC-2022's crucial recommendations would be forwarded to the Ease of Doing Business for consideration by various Ministries to obtain policies that could help the construction industry and that the IITs and academia would be given the industry's needs to carry out research that is in line with the needs of the sector to realise the Prime Minister of Atma-Nirbhar Bharat's vision. But to create and maintain better and safer roads, we must develop new financial strategies too.

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Mr. Akhilesh Srivastava will co-chair the conference: Building sustainable infrastructure with new age Technologies & Road Safety 2.0

Indicators like the number of traffic accidents and fatalities and injuries they cause are typically considered to quantify road safety. These indications, however, need to be revised to define road safety. The primary issue is that there needs to be a clear definition of what signs to use or that it needs to be included in the description of road safety. Due to these constraints, comparing the status of cities, states, and nations in terms of road safety and producing follow-ups on the situation are both challenging. However, using just one indicator can occasionally hide some problems with the current state of road safety. For example, the newest NCRB data states that according to WHO, the number of road accident deaths increased by about 17% between 2020 and 2021, showing an increase in the number of fatalities per 1,000 vehicles in India. In addition, 1.55 lakh persons perished in accidents on Indian roadways in 2021, an increase from 1.33 lakh in 2020, a year marked by a significant period of national lockdown. In 2021, 4.03 lakh traffic accidents were reported, up from 3.54 lakh the year before.

The Taj Palace Hotel in Delhi will host the Global Road Construction & Safety Conference on November 30, 2022. The conference's topic, "Building Sustainable Infrastructure with Emerging Age Technology & Road Safety 2.0," aims to direct new technologies toward hastening socio-economic growth.

The conference will be co-chaired by Mr Akhilesh Srivastava, a veteran in the industry. In addition to serving as the government of Uttarakhand's IT advisor and directing the World Economic Forum's Road Safety 2.0 initiative, he was the previous CGM of the NHAI. His most recent position is Road Safety Brand Ambassador for the India Chapter of the International Road Federation. Mr Akhilesh Srivastava has worked in NHAI as Chief General Manager (IT & Commercial Operations). He introduced numerous digital technologies, including drones, LiDAR, Geospatial, project management systems, etc., during his tenure at NHAI. The NHAI Data Lake, another futuristic and original invention of Mr Akhilesh Srivastava, has gained international recognition as one of the best digital solutions for end-to-end project management systems for substantial infrastructure projects with a variety of stakeholders.

One of his most impressive successes is the adoption of FASTag. With efficient and transparent toll collection at more than 1000 toll booths nationwide, the FASTag changed the logistics and roadway sectors. With more than 100 lakh daily transactions and a revenue collection of more than Rs 120 crore, the FASTag is one of the world's largest electronic toll collection systems (bringing annualised revenue of Rs 40,000 crores to the government of India). This has increased revenue and drastically decreased toll plaza wait times from over 8 minutes to just a few seconds, saving at least Rs 20,000 crores yearly wasted in fuel wastage and lowering carbon emissions from fuel burning at toll plazas by at least 6 million tonnes. He held several prestigious positions, including COO of IHMCL and became its Board Member.

In addition, the best-selling and widely read book "Digital Construction Management," written by Mr Akhilesh Srivastava, was instrumental in introducing digital construction instruction in numerous colleges and universities.

His large-scale visionary thinking with minute detailed operational strategies makes him one of the best program implementors in the world. It rightly bestows him the honours of Road Safety Ambassador by the top international and national organisations. His endless and untiring efforts in creating awareness about next-generation road safety solutions through continuous road safety articles, books, numerous meetings with ecosystem stakeholders, hundreds of social media posts, and national & international seminars/workshops quickly brought a positive change in the mindset of people and raised hope. He demonstrated through innovative pilots that this multi-layered complex problem could be tackled, and road accidents could be reduced substantially & quickly with the next-generation technology-based solutions rather than blindly copying the western solutions. The complexity of road safety in India differs from that of western countries because of multiple social-cultural-geographical issues and mixed traffic comprising high-speed vehicles, two-wheelers, autos, bikes, pedestrians and even animals on the road; merely copying the western solutions will not work.

Source link: https://medium.com/@akhlisheshsrivastva/mr-akhilesh-srivastava-will-co-chair-the-conference-building-sustainable-infrastructure-with-new-cfb62c77d7f6

 

 

The government sets target to reduce 50% road accident deaths by 2024

India accounts for just 1% of the world’s motor vehicles. But 11% of the world’s road traffic deaths.

The government has set up a target to reduce these road accidents & resulting deaths to half by 2024.

Here’re the programs & policies the Government have implemented so far:

1. ₹25,000 Cr allocated to remove black spots on highways.
2. Bharat NCAP to accord automobiles Star ratings based on crash tests’ performance.
3. Motor Vehicles Act 2019 for cashless treatment of victims during the golden hour.
4. Observance of National Road Safety Week every year to spread awareness of road safety.
5. Partnerships with tech giants like Intel to bring tech measures into road safety.

With the help of the World Economic Forum, World Bank & ADB, Government is also working on other solutions.

The funds will be allocated to State Governments to ensure an efficient & effective black spot rectification.

But merely the allocation of funds may only be sufficient if proper utilisation is ensured and the latest technologies are not used to mass scaling & quick proliferation to citizens, the real road safety will remain an illusion.

The traditional approach to road safety is not yielding the desired results, which is evident from the fact that despite some exciting & promising efforts like developing Zero fatality corridors, identifying & fixing blackspots, installing cameras for enforcement etc., the highest number of road fatalities, took place in 2021.

Mere copying western road safety solutions will not work on Indian roads, where the problem is multi-layered.

Unlike in western countries, the heterogeneous traffic on Indian roads constitutes pedestrians, cyclists, motorcycles, cars, buses, commercial vehicles, trucks, tractors and even animals.

Road Safety is the topmost priority of all of us, including the Government. And needs innovative technology-driven solutions to step closer to its vision of a safe driving experience. Thoughts?

Source link: https://medium.com/@akhlisheshsrivastva/the-government-sets-target-to-reduce-50-road-accident-deaths-by-2024-4f4a216be892

The success of Road Safety 2.0 has raised the hope of the 50% reduction in road fatalities by 2025!

Road Safety 2.0 was launched by the World Economic Forum to solve the complex, multi-layered problems of safety on roads using IR 4.0 technologies and with a different approach to improving Enforcement with the public partnership.

Our leading theory of change has been based on deep psychological research of improving Enforcement with the positivity of "Reward" rather than wasting time, money & energy in the negativity of "Punishment".

A 360 degree holistic approach with a carrot & stick policy encourages good drivers with incentives. It punishes habitual bad drivers based on evidence through the Advance Traffic Management System installed in the PPP model.

The other difference has been scaling up the awareness campaign about the socioeconomic impact of road accidents through school children, making them brand ambassadors and educating them about road safety as future citizens.

And, of course, maximise the use of advanced technologies, AI, IoT, ADAS, Mobile Apps, GIS and Block chain in the road safety ecosystem to compensate for the human limitations.

I am happy to share that the initiative generated tremendous response and positivity just in less than a year.

Road Safety 2.0 became a buzzword at the national level, with more than 25 articles in international /national leading newspapers, 100+ social media posts, discussed in over 50 national/international seminars/workshops and led to few major policy changes including big insurance policy changes.

It has been able to change the narrative of the public, policymakers and stakeholders about road safety and the development of a technology-driven ecosystem with public & start-ups around it.                               

Road Safety is no longer limited to highway engineers' and vehicle manufacturers' domains but is a public concern.

Our concept & pilot of tracking drivers’ behaviour through IoT/Mobile Apps and converting them into easily understandable “Safe Driving Scores”, which gives more profound insight into driving behaviour, is seen as a game changer with nearly Zero fatalities during pilot phase.

 Source link: https://medium.com/@akhlisheshsrivastva/the-success-of-road-safety-2-0-has-raised-the-hope-of-the-50-reduction-in-road-fatalities-by-2025-452aba840f68

Initiatives By Government For better Road Safety.

 

India is dedicated to reducing the number of people killed in auto accidents. This calls for a multifaceted strategy that includes enhancing road infrastructure, raising public awareness, stepping up enforcement, and streamlining the trauma care aid program.

The Ministry's concerted efforts to reduce the frequency of traffic accidents have begun to bear fruit. Road accidents decreased by 4.1% in 2016 in India, according to the report Road Accidents in India-2016. The data from the first three quarters show that this trend is still present. Compared to the numbers for the same time in 2016, there were 5.2% fewer accidents up until September 2017. During this time, there has been a 4.4% drop in fatalities. Between 2-10% fewer people have died in traffic accidents over this time, with the exception of the States of Assam, Bihar, Orissa, and Uttar Pradesh.

The following are some of the steps taken by the Government to reduce road fatalities:

1. New Accident Reporting Format:

A trustworthy database is necessary for an effective road safety action plan. Therefore, based on the suggestions of an expert group made up of experts from the IITs of Delhi and Kharagpur, the WHO, senior officers from the states' departments of police and transportation, and the Ministry of Health & Family Welfare, the present reporting format was amended. All States have implemented the new accident reporting format, which will aid in concentrating on the major risk areas to increase road safety in the upcoming years.

2. Rectification of Black Spots :

138 of the 789 road accident black spots that the Ministry has so far identified are on state routes. 189 mistakes have already been fixed, and sanctions have been given so far for the correction of 256 mistakes that are still in various phases of bidding or advancement. Under the road safety annual plan for 2017–18, two (2) road safety enhancement projects worth a total of Rs 30 crore have also been approved, and they are currently in the bidding or construction stages. Along with conducting standalone road safety audits on National Highways, road safety audits have also been started as part of all EPC/BOT projects.

3. Training of Drivers :

The Ministry has been collaborating with States, automakers, and NGOs to improve driving instruction. A few states have developed Institutes of Driving Training and Research (IDTRs), which serve as role models for Driving Training Centers and offer cutting-edge facilities. The Ministry has also started a plan to establish driving training facilities in all of the nation's districts in due time. It also supports programs for heavy commercial vehicle drivers to receive refresher training.

4. Model Automated Centres for checking fitness of vehicles :

20 Inspection and Certification Centers have been authorised by the Ministry to conduct automated tests to determine if commercial vehicles are fit for use. Six centres are already up and running. These facilities will offer an impartial assessment of the big commercial vehicles' roadworthiness. Given the positive results, it is now being suggested that this program be made available to all 50 states within the upcoming year.

5. New steps for safety of vehicles :

Two Wheelers: Two Wheelers are heavily involved in accidents and the deaths that result from them. Vehicle skidding is a typical cause. With effect from April 1, 2019, all two-wheelers must be equipped with an anti-lock braking system (ABS) in order to protect the priceless lives of two-wheeler users. Two-wheeler on-Road Safety is anticipated to improve dramatically as a result of this. A daytime running system has also been made a requirement for all two-wheelers in order to increase their visibility. All new two-wheelers come with a helmet as a required accessory at the time of sale. This has improved two-wheeler riders' adherence to the helmet law.

Motor Cars: Automobiles - To increase their stability and safety, all passenger cars must be equipped with ABS. One of the year's highlights is the need that automakers include more safety measures to vehicles starting in production in July 2019. These include required airbags, reverse sensors, seat belt audio alerts, and speed warning audio alert.

Heavy Vehicles: ABS must now be installed on all heavy vehicles by law. The implementation of the bus body code would help to increase passenger safety and ensure a minimum degree of comfort. The truck body code has also been notified.

To discuss and develop methods for lowering traffic deaths and to recommend doable actions for implementation, the Ministry assembled a group of ministers from several states. On August 9, 2016, MoRTH introduced the Motor Vehicle (Amendment) Bill 2016 in Lok Sabha based on recommendations from the GoM. The Bill addresses issues related to road safety by calling for harsher fines, allowing electronic enforcement, enhancing the fitness certification and licencing system, statutory provisions for good Samaritan protection, and acknowledging IT-enabled enforcement mechanisms. The Bill also lays the path for public transportation changes, which will help to increase road safety. The Bill includes measures for treating accident victims during the crucial first several hours after an accident, which will help save priceless lives. The Bill also seeks to usher in a period of transportation changes in the nation and streamline procedures for citizens dealing with transportation ministries. The Bill has been approved by the Lok Sabha and sent to the Rajya Sabha Select Committee.

Conclusion: Rules for Road Safety and awareness go hand in hand. Road accidents will immediately decrease if people are aware of how precious life is. As a citizen of a given nation, adhering to the traffic safety regulations would also help to lower the likelihood of traffic accidents.

Road Safety regulations are another aspect of manners that can be applied to everyday life. Time management is useful if we are running behind schedule. Road Safety rules are necessary for all of us. In a nutshell, adhering to severe traffic laws is a discipline that can save your life.

An estimated 1.35 million people die on the world's roads each year, and an additional 50 million suffer major injuries, according to Akhilesh Srivastava, a former general manager of NHAI and the current project head for road safety at the World Economic Forum. With 11% of all traffic deaths worldwide, India is ranked worst in the world; a person dies on the road every four minutes. According to Akhilesh Srivastava, road accidents have traditionally been one of the top objectives in transportation research since they have a significant financial impact on economies and create significant social distress.

However, one specific factor that makes the research on road safety an even higher priority at this moment is the fact that both the idea and the technology of transportation are changing quickly. Speaking for Technology Driven Road Safety, Akhilesh Srivastava discussed new prospects as well as difficulties for those working in the field of road safety. As a result, it is anticipated that the field of this research would experience tremendous change in the years to come.

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