A report compiled by the Union government reveals that at least 336 people die of road accidents in India every day. It is more compelling considering the fact that vehicle penetration in India is 15 per 1,000 people compared with 800 per thousand in developed countries. In Delhi, the death toll is four times that of other metros.
According to the report, these accidents entail an economic cost, mainly through the loss of productivity. For India, it pegs the socio-economic cost of road accidents in 1999-2000 at 3% of the gross domestic product.
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