Transport ministry approves UP's AI-based project to improve road safety
Tired of too many ads?
Remove Ads
Tired of too many ads?
Remove Ads
The Centre has approved an AI-based pilot project for the Uttar Pradesh Transport Department to reduce road accidents and improve enforcement efficiency, officials said on Tuesday.The Union Ministry of Road Transport & Highways (MoRTH) on Monday issued a formal No Objection for the UP Transport Department's Artificial Intelligence ( AI ) and Big Data Analytics based Road Safety Pilot Project This is the first AI-driven road safety experiment ever undertaken by a state transport department in India. The pilot project will be implemented at zero cost by the public sector enterprise ITI Limited in partnership with global technology firm mLogica, according to a statement issued by the Uttar Pradesh government.The state government has already earmarked Rs 10 crore in its 2025-26 Budget to establish a "data-driven administrative model" for the Transport Department, it noted.Initial prototype of the model, scheduled for six weeks, will integrate multi-source data accident records, weather feeds, vehicle telematics , driver profiles and roadway attributes to build AI models that pinpoint root causes of accidents, forecast black spots and generate realtime policy dashboards.Upon completion, the AI engine will be rolled out in a phased manner across all core functions of the Transport Department, including faceless licensing and permits, modernised enforcement, revenue collection, e-challan operations and the 'Vahan Sarathi' registries.A comprehensive outcome report will be submitted to the MoRTH at the end of the pilot project, while legal compliance, data privacy and cybersecurity standards will be continuously audited, the statement added.The ministry also asserted that the initiative must fully comply with the Motor Vehicles Act, 1988, the Central Motor Vehicles Rules, 1989 and all road safety standard operating procedures (SOPs) and it will entail no financial liability for the MoRTH.Building on the evidence generated during the testing phase, the AI will be embedded into other digital assets. The project will integrate the engine with the paperless licensing and permit mechanism, allowing systems to run on self-learning decision models, statement added.Concurrently, the enforcement wing will deploy realtime fraud detection, vehicle positioning and predictive policing based on propensity to violate traffic laws, giving field officers data-backed alarms for on-the-spot action.By fusing these data-sets, the department will gain a virtual dashboard covering income flows, infractions and credential status thus sharpening policy design, according to the statement.Transport Commissioner Brajesh Narain Singh stated, "This initiative will place Uttar Pradesh at the fore front of data-driven governance. By integrating the AI model beyond road safety into every core function of the department, we aim to make our state a national trail blazer in technological innovation."The ITI limited and mLogica team have been authorised to begin work immediately in coordination with the department, the statement noted. PTI
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Deccan Herald
2 minutes ago
- Deccan Herald
Rs 2,000 notes worth Rs 6,017 crore still in circulation, says RBI
Mumbai: The high-value Rs 2,000 notes worth Rs 6,017 crore are still in circulation even after more than two years of the Reserve Bank withdrawing the currency, according to official data released on 2,000 banknotes continue to be legal May 19, 2023, the Reserve Bank of India (RBI) announced the withdrawal of Rs 2,000 denomination banknotes from a statement, the RBI said the total value of Rs 2,000 banknotes in circulation, which was Rs 3.56 lakh crore at the close of business on May 19, 2023 has declined to Rs 6,017 crore at the close of business on July 31, 2025.."Thus, 98.31 per cent of the Rs 2,000 banknotes in circulation as on May 19, 2023, has since been returned," it facility for exchange of the Rs 2,000 banknotes is available at the 19 issue offices of the Reserve Bank since May 19, October 9, 2023, RBI Issue Offices are also accepting Rs 2,000 banknotes from individuals/entities for deposit into their bank members of the public are sending Rs 2,000 banknotes through India Post from any post office within the country, to any of the RBI Issue Offices for credit to their bank issue offices are in Ahmedabad, Bengaluru, Belapur, Bhopal, Bhubaneswar, Chandigarh, Chennai, Guwahati, Hyderabad, Jaipur, Jammu, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Patna, and Thiruvananthapuram.
&w=3840&q=100)
Business Standard
2 minutes ago
- Business Standard
India's net GST revenue rises 1.7% to ₹1.68 trn in July as refunds surge
India's net revenues from the Goods and Services Tax (GST) grew by a marginal 1.7 per cent in July to Rs. 1.68 trillion, thanks largely to a sharp spike in refunds even as gross collections from the indirect tax were up 7.5 per cent at almost Rs. 1.96 lakh crore. July's net GST kitty growth marks the slowest pace since last February from when disaggregated data on gross and net GST collections is available. In June, net GST revenues were up 3.3 per cent. Net revenues from domestic transactions, in fact, contracted 0.2 per cent in July, even though gross domestic revenues were up 6.7 per cent, as refunds for domestic transactions more than doubled to nearly Rs. 17,000 crore from under Rs. 8,000 crore in July 2024. GST refunds to exporters grew at a slower pace of 20 per cent and added up to a little over Rs. 10,000 crore, so net revenues from imports were up 7.5 per cent at Rs. 42,548 crore. Gross revenues from imports rose 9.7 per cent prior to refunds, to touch nearly Rs. 53,000 crore. 'Higher refunds on domestic supplies could be from excess tax payments, inverted duty structures, and other adjustments. The increased refunds should aid cash flows for businesses,' observed Abhishek Jain, indirect tax head and partner at KPMG. Sequentially, July's net GST collections, for transactions undertaken in June, were nearly 6 per cent higher than from Rs 1.59 trillion reported in June. In May and April, the net GST receipts were registered at Rs 1.73 trillion and Rs 2.09 trillion respectively. In the first four months of financial year 2025-26, net GST revenues are up 8.4 per cent at Rs. 7.11 trillion, with domestic revenues rising 6.1 per cent to Rs. 5.6 trillion and import revenues surging 18.1 per cent to almost Rs. 1.51 trillion. Gross GST revenues, before effecting refunds, are up 10.7 per cent to Rs. 8.18 trillion, while refunds have risen 29 per cent to about Rs. 1.07 trillion. "The growth in net monthly collection is only 1.7 per cent as against YTD (year-to-date) growth of 8.4 per cent, though partly attributed to significant increase in refunds,' said Pratik Jain, partner with Price Waterhouse & Co LLP. 'After a tepid growth in the previous month as well, the GST Council may like to discuss the possible measures to augment the revenues in the next meeting. With the GST Compensation Cess going away, the states may also be a bit more concerned about the slowdown in GST collections,' Jain remarked. MS Mani, partner at Deloitte India noted that though there has been a focus on domestic manufacturing and import substitution, the GST revenue numbers indicate that the gross GST domestic revenue risen only 9 per cent so far this year, while import revenues have risen 16 per cent. The spike in refunds augurs well for businesses as it signals quicker processing by the tax authorities, he said. Mani also pointed to the weak growth in revenues amongst large producing and consuming states — from 2 per cent for Delhi, 3 per cent for Gujarat, 4 per cent for Rajasthan, 6 per cent for Maharashtra, 7 per cent for Karnataka and Uttar Pradesh, and 8 per cent for Tamil Nadu. The state-wise data shows smaller states and Union Territories like Tripura (41 per cent), Andaman and Nicobar Islands (31 per cent), and Meghalaya (26 per cent) posted over 25 per cent growth in July. , Uttar Pradesh (7 per cent) reported single digit growth. Mizoram, Manipur and Lakshdweep clocked contractions of 21 per cent, 36 per cent and 52 per cent, respectively, as did Jammu and Kashmir (-5 per cent), Chhatisgarh (-4 per cent), and Jharkhand (-3 per cent).
Economic Times
2 minutes ago
- Economic Times
UPI transactions rebound in July after June dip
Agencies The Unified Payments Interface (UPI) posted an increase in both transaction volume and value in July, rebounding from a decline in June, according to data released Friday by the payment railroad's operator, the National Payments Corporation of India (NPCI).The platform processed 19.47 billion transactions in July, up from 18.40 billion the previous month. Transaction value rose to Rs 25.08 lakh crore from Rs 24.04 lakh crore in June. On a year-on-year basis, transaction volume rose 35%, while value grew 22%. The average daily transaction volume stood at 628 million, with a daily average value of Rs 80,919 crore. The uptick comes amid growing discussions around the cost of processing UPI transactions. Banks are beginning to levy charges on certain UPI transactions due to a cut in the government incentive for processing small-value UPI-based finance ministry has reduced the incentive for processing small-ticket UPI transactions at small merchant outlets to 0.15% per transaction from 0.25% last year, ET reported on Friday. ICICI Bank has started passing on some of the charges to its payment partners, news platform The Head and Tale reported earlier this week. Other digital payment channels also recorded growth in July, excluding Immediate Payment Service (IMPS) processed 482 million transactions worth Rs 6.31 lakh crore, compared with 448 million transactions and Rs 6.06 lakh crore in June. Transactions via the Aadhaar Enabled Payment System (AePS) rose to 103 million from 97 transactions declined to 371 million from 386 million the previous month. Last month, ET reported that Fastag's growth had stagnated, with minimal traction in the last financial year due to the lack of new use cases beyond toll its launch in 2016, UPI has grown rapidly, driven by government initiatives following demonetisation, increasing smartphone penetration and adoption by private players such as Google Pay, PhonePe and Paytm. As of May 31, UPI had 65 shareholders, including public sector, private and foreign the financial year ended March 2025, NPCI reported a 41.7% increase in net profit to Rs 1,552 crore, as per credit ratings firm ICRA. As a not-for-profit entity, NPCI classifies profits as revenue surplus. Its standalone revenue rose 19% to Rs 3,270 crore in FY25 from Rs 2,749 crore in of July, Google Pay and PhonePe continued to dominate the UPI ecosystem, together accounting for more than 80% of the market. Emerging players such as Flipkart-backed Navi, Bhim and Cred are gradually expanding their presence by offering cashbacks and other incentives. NPCI has yet to release app-wise transaction data for discussions around the long-term sustainability of UPI have gained momentum. Speaking at an event in Mumbai last week, Reserve Bank of India governor Sanjay Malhotra highlighted the need to make UPI payments financially viable, suggesting that either the government or end-users would have to bear the cost of running the digital payments industry has also been urging the government to reinstate the merchant discount rate on UPI payments. However, the government has reiterated that UPI will continue to be free for platform has experienced service disruptions in recent months, affecting all major UPI apps and several banking applications. NPCI attributed a major outage on April 12 to a surge in application programming interface (API) requests, particularly from banks excessively using the 'Check Transaction' API, which led to a slowdown in the system and a drop in payment success rates. Elevate your knowledge and leadership skills at a cost cheaper than your daily tea. US tariff hike to hit Indian exports, may push RBI towards rate cuts Is Bajaj Finance facing its HDFC Bank moment? Tata Motors' INR38k crore Iveco buy: Factors that can make investors nervous Trump tariffs: End of road or a new journey ending Russia reliance? Stock Radar: PI Industries stock showing signs of momentum; takes support above 50-DEMA – time to buy? Long-term investing: Volatility, even threats, have limited shelf life; 5 large-caps from different sectors with upside potential of up to 38% These large- and mid-cap stocks can give more than 21% return in 1 year, according to analysts Weekly Top Picks: These stocks scored 10 on 10 on Stock Reports Plus
