The economic cost of road accidents in 2019 in Tamil Nadu was Rs 56,543 crore, nearly 2.5% of the state’s GDP, a study by IIT-Madras has found. The direct cost of these crashes to the state government is an estimated 12,912 crore and 1.6 times that of the entire police budget in 2019, it said.
In 2019 TN had 18,129 deaths due to road accidents. Motorcyclists, cyclists and pedestrians accounted for 46% of the deaths.
The study, socio-economic costs of road crashes in TN, by the Centre of Excellence for Road Safety at the RGB Labs in IIT Madras authored by Nijina M Nazar and Venkatesh Balasubramanian, was released by health minister Ma Subramanian on Monday in the presence of IIT director V Kamakoti.
Read more on Times of India: Rs 56,543 crore is what road accidents cost Tamil Nadu economy in 2019
