Abhishek Gaoshinde of Sharekhan By BNP Paribas, says it is not a mandatory policy, it is a voluntary policy. As long as it is voluntary, the success or the impact of the EV or any other thing would be dependent on the kind of value that the owner is getting. If an owner is getting … Read more
The State governments are not ready to lose 25% of their revenue, which can be as high as ₹1,000 crore per annum, say sources in Transport Department The State governments are not ready to lose 25% of their revenue, which can be as high as ₹1,000 crore per annum, say sources in Transport Department A … Read more
The government is reportedly very keen on a vehicle scrappage policy, making it mandatory for old vehicles to be scrapped or giving subsidies for voluntary scrappage. One aim is to increase the demand for new cars, boosting the auto industry — this was indeed the aim for scrappage incentives in the US and Europe after … Read more