<span style="color: #222222;">Road, Transport and Highways Ministry has issued a draft notification proposing Motor Third Party Premium and Liability Rules for the Financial Year 2023-24. As per notification, a discount of 15 per cent has been proposed for educational institution buses. The Ministry said, a discount of 50 per cent has also been proposed for a private car registered as Vintage Car. <br />''<br />''A discount of 15 per cent has been proposed for Electric vehicles and 7.5 per cent for Hybrid Electric Vehicles. It said, a reduction of about 6.5 per cent in the base premium rate has been proposed for three-wheeled passenger carrying vehicles. The Ministry has invited comments and suggestions from all stakeholders within thirty days.</span><br />