International Road Federation Current Affairs
The National Institution for Transforming India (NITI) Aayog and International Road Federation (IRF), Geneva have signed Statement of Intent (SoI) to cooperate in field of Intelligent Transportation Systems (ITS).
The objective of SoI is to create National Platform, involving all relevant Union Government stakeholders, Indian and foreign companies active in sector. It will also create platform for relevant technical experts for developing National ITS Policy. The national platform will provide coherent and consistent National ITS Policy.
National ITS Policy
ITS Policy will be covering Traffic Management, Parking Management, Electronic Enforcement of Traffic Rules and Regulations, Fleet Management and Monitoring, Innovation in the field of ITS and Education in field of ITS.
Its objective will be to contribute to reduce urban traffic congestion, improving situation around parking of vehicles in cities, improving road safety, and improving security of passenger and goods traffic. It will be also covering domains such as traffic and parking management, enforcement, and security.
International Road federation (IRF)
The IRF is global non-governmental, not-for-profit organisation with mission to encourage and promote development and maintenance of better, safer and more sustainable roads and road networks. It was founded in 1948. Its motto is Better Roads. Better World. It is headquartered in Washington, DC, United States.
IRF seeks to promote social and economic benefits of sustainable and environmentally sound road transport infrastructure at all levels of society. It helps to put in place technological solutions and management practices that provide maximum economic and social returns from national road investments. It provides a wide base of expertise for planning road development strategy and policy for governments and financial institutions in all aspects of road policy and development.