Federation Of Truck Transport Entrepreneurs Seeks Separate Relief fund for Accident Victims Uncovered by Insurance
Summary
The Federation of Truck Transport Entrepreneurs Nepal has urged the government to establish a separate relief fund to support victims of public vehicle accidents not fully covered by insurance, highlighting financial burdens and disruptions at the Tatopani border trade route.
Key Points
- The Federation of Truck Transport Entrepreneurs Nepal requested the government to create a separate fund for accident victims not covered by current insurance.
- Existing insurance provides Rs. 10 Lakhs for death and Rs. 3 Lakhs for medical treatment, which is often insufficient for actual hospital costs.
- The federation proposed an "Injured Relief Fund" operated through transport associations, funded by operator contributions, and a VAT exemption on such relief contributions.
- Finance Minister Swarnim Wagle showed support for the relief fund but noted VAT changes cannot be made in the current fiscal year and suggested further talks.
- The federation also highlighted economic losses due to the Tatopani border closure caused by a landslide, urging quick restoration of operations.
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