More than 2.78 lakh EVs registered in India in Jan-March 2023: Nitin GadkariAndhra Pradesh and Madhya Pradesh are in the process of migrating to Vahan portal and hence their data on EV registration is partially incl...
Scrapping policy to cover over 1 crore vehicles, see new investments worth Rs 10,000 crore: GovtWelcoming the policy, Road Transport, Highways and MSMEs Minister Nitin Gadkari said the policy will lead to new investment of around Rs 10...
Government nod to vehicle scrappage policy likely soon: Nitin GadkariThe policy is for scrapping of vehicles which are more that 15 years old and includes cars, trucks and buses, the Minister said addressing ...
Proposed scrappage policy may not revive demand for new CVsThe scrappage scheme, which was first mooted by Nitin Gadkari, the minister for road transport and highways in August 2015, is currently wi...
Vehicle scrappage policy may bring in stricter fitness norms for pre-2005 built vehiclesAs per estimates, there are about 2 crore pre-2005 built vehicles that are plying on Indian roads and the move is aimed at de-incetivising ...
Closed sugar mills may be revived soon as govt mulls ethanol productionUnion Minister Nitin Gadkari said ethanol production through sugar could boost the economy of sugarcane-producing states like Uttar Pradesh...
Gadkari has big plans to push India's infrastructureThe plans include offering attractive schemes to private players, such as the already identified 3,000 km.
Vehicle scrap policy to see another round of consultations with stakeholders: Nitin GadkariIn May 2016, the government had floated a draft Voluntary Vehicle Fleet Modernisation Programme (V-VMP) that proposed to take 28 million de...
Policy to scrap 15 yrs old vehicles almost finalised: Nitin GadkariGadkari has said that once the proposal is accepted it is bound to result in Rs 10,000 crore boost in tax revenue as the automobile sector ...
Vehicle scrap policy to go to GST council post cabinet nod: Nitin GadkariVoluntary Vehicle Fleet Modernisation Programme (V-VMP) policy has proposed to push 28 million decade old vehicles off the roads.
GST rollout to cost Rs 16,000 crore to take old trucks off roadsThe earlier plan was to offer excise rebates to incentives owners to junk old vehicles for a new one, but with excise duty coming in under ...
GST comes in way of government’s plan to scrap old vehiclesThe Voluntary Vehicle Fleet Modernisation Programme (V-VMP) is back on the drawing board as the government reviews its options to reward th...
Voluntary Vehicle Fleet Modernisation Program to boost demand for steelThe Voluntary Vehicle Fleet Modernisation Program which is being pushed by Nitin Gadkari, minister of Road Transport and Highways, is a res...
need2know: 5 macro triggers that may sway the market todayRBI Governor Raghuram Rajan is confident that economy is going in the right direction and that growth will pick up with good monsoon and mo...
Vehicle policy to generate steel scrap worth Rs 11,000 crore per annumAccording to Nitin Gadkari, the policy will boost automobile industry turnover over four-times to Rs 20 lakh crore in the next five years.
Clean drive- excise sop may take 28 million old vehicles off the roadsNearly 28 million vehicles, purchased before April 2005, could go off the roads with the government on Thursday proposing incentives to ret...
Road transport ministry releases concept paper to take off old vehicle from the roadsThe policy aims at incentivising people to retire their old vehicles that were bought before March 2005 or are below BS IV standards.