Parliament is likely to give its nod to the new Motor Vehicles Bill in the next session and the new legislation will transform the sector, making it transparent and corruption-free, Road Transport and Highways Minister Nitin Gadkari said today.

"I am confident that we will get Parliament nod on the new Bill in the next session. It will transform the entire sector, making it transparent and corruption-free," Gadkari told reporters after launching a web portal for online approval for movement of heavy cargo.

Seeking to come down heavily on traffic offenders, the government today proposed steep penalties of up to Rs 3 lakh along with a minimum 7-year imprisonment for death of a child in certain circumstances, besides huge fines for driving violations.

Gadkari said launch of the web portal for online approval of movement of Over Dimensional (OD) and Over Weight Cargo (OWC) has removed one of the biggest hurdles in the way of 'Make In India' campaign.

Apart from this massive digitalisation initiative, the government has ensured installation of electronic tolling systems across 108 toll plazas in the country.

"By March, 350 toll plazas will not only be converted into electronic toll booths but would be fitted with electronic weighing machines," he said, adding that the initiative would result in savings to the tune of over Rs 70,000 crore per annum on account of fuel consumption and delays at toll plazas.

Earlier, he said the government's emphasis was to promote waterways across the nation as India still lagged in utilising its waterways in comparison to countries like China which transported 44% of its cargo through the mode in comparison to barely 3.3% here.

"Government is committed to develop four waterways at present, including Varanasi-Haldia, where work would begin in next two months besides Paradip, Delhi-Agra and Brahmaputra stretch," he added.