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newsPolicyRadarTuesday, 4 August 2026NEW

Supreme Court Directs Increase Of Third Party Insurance Of Cars To 4 & Two-Wheelers To 6 Years

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Policy framework or directive — a strategic document setting direction, principles, and objectives for governance. Guides the design of schemes, legislation, and implementation strategies.
Summary
The Supreme Court has directed that third-party motor insurance for new cars be increased to four years and for new two-wheelers to six years.
Key Facts
TypeNews
SourcePolicyRadar India
PublishedTuesday, 4 August 2026
Affected Population1.4 billion citizens, 63 million MSMEs
Key Numbers
GDP: $3.9 trillion (2025 est.)
Fiscal deficit target: 4.4% of GDP
GST collection: Rs 1.87 lakh crore/month avg
20 million central + state government employees
Key Authorities
Ministry of FinanceRBISEBIDEAPMO
Key Stakeholders
TaxpayersBanks & NBFCsInvestorsCivil ServantsState GovernmentsJudiciary
Government Context
NDA IIIBJP-led NDA
Centre-Right
LeftCentreRight
Explore Sectors
Finance & Economy478 tracked→Governance & Reform427 tracked→
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