On an average in Indian major cities, people get stuck for ~ 200 hours / year in traffic jams.
Huge traffic fines yet to be collected, trial courts stuck up with such petty issues.
There are plenty of news articles suggesting huge pending traffic violation fines for years e.g. in New Delhi ~ 500 Crores INR/60Mn$ , Bangalore ~ 500 Crores INR / 60Mn$, Mumbai ~739 Crores INR/90Mn$ and so on.
Study Report on Delhi Traffic management under Urban Development Ministry cites need of ITMS (Intelligent Traffic management system), of course it comes with huge budget and long timelines to implement.
During Year 2022, in India ~461,000 accidents claimed ~168,000 deaths. 72.4% accidents and 75.2% deaths were due to over speeding.
As per report “Socio-Economic cost of Road Accidents in India” by DIMTS in association with TRIPP-IIT Delhi, the socio-economic costs of road crashes is around 3.14% of Nation's GDP.(20 Jul 2023)
When it comes to prior year's Budget (e.g. 2023-24), the allocation for the education and the higher education sector was just about 2.9% of the country's GDP.(2023- 24 & similar in 2024-25).
FY 2024 Petrol consumption by Vehicles in India ~ 37MMT (42Bn Litre) and Diesel ~ 90MMT (105 Bn Litre )
1Mn people x 200 hours in traffic jams x 5$ / hour=1Bn$ opportunity cost
1% reduction in Yearly fuel bill equals ~ $1.5Bn savings to country, CO2 reduction ~ 37Mn Ton


