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<h1>Solatium fund provides compensation for hit-and-run victims and preserves claim rights against uninsured vehicle owners.</h1> Compensation for hit-and-run victims is provided through the Solatium Fund under the Motor Vehicles Act, funded by insurer contributions from Gross Written Premiums; victims may also claim from uninsured vehicle owners or drivers. The Sundar Committee recommended aligning insurance certificate validity with vehicle registration, while the Ministry has not proposed a one-time premium on new vehicles to fund compensation.