Our automobile sector needs a hearty dose of tax relief

Synopsis: Due to a demand slump and reluctance shown by entrepreneurs to invest in the auto industry, it is going through a rough phase. This sector can be a key driver for the future economic growth of India. Introduction Indian auto industry suffered yet another setback when the renowned automaker, Ford Motors, decided to exit… Continue reading Our automobile sector needs a hearty dose of tax relief

Flex-fuel engines to be mandatory soon: Gadkari

What is the News? Union Minister of Road Transport and Highways Nitin Gadkari on Friday said the government would soon make it mandatory for all vehicle manufacturers to make flex engines (that can run on more than one fuel). What are Flex Fuel Vehicles(FFV)? Flex Fuel Vehicles(FFV) is a modified version of vehicles that could… Continue reading Flex-fuel engines to be mandatory soon: Gadkari

The PLI plan for our automotive sector can accelerate its success

Synopsis: The new PLI scheme will incentivize the industry to move into higher-value-added technologies and thus spur sectoral growth Introduction The Union Cabinet has decided on a major new production-linked incentive (PLI) scheme aimed at reviving and transforming the automotive sector in India. The planned outlay of government funds for the scheme is in excess… Continue reading The PLI plan for our automotive sector can accelerate its success

Cabinet clears PLI for auto sector to spur ‘green’, high-tech

What is the News? Government of India has approved Production Linked Incentive (PLI) Scheme for Auto Industry and Drone Components. About PLI Scheme for Auto Industry Aim: To overcome the cost disabilities to the industry for the manufacture of Advanced Automotive Technology products in India.  Eligibility: The scheme is open to existing automotive companies as… Continue reading Cabinet clears PLI for auto sector to spur ‘green’, high-tech

Rolling out the EV charging network

Synopsis: Steps taken by government to increase EV charging network in India. Introduction The Indian vehicle market is poised for a historic leap into electrification. On the rollout of a charging network for electric vehicles (EVs), India faces the classic chicken and egg problem—EVs require charging infrastructure and that requires EVs. According to the Society of Manufacturers… Continue reading Rolling out the EV charging network

What are the new BH series registration plates for vehicles?

Source: This post is based on the article “New BH series registration plates for vehicles” published in Indian Express on 1st September 2021. What is the News? The Ministry of Road Transport and Highways has notified Bharat series of “BH” series of registration to ensure seamless transfer of vehicles across states. What is the Existing system?… Continue reading What are the new BH series registration plates for vehicles?

Government introduces a new registration mark for new vehicles “Bharat series (BH-series)” to facilitate seamless transfer of vehicles

Source: This post is based on the article “Government introduces a new registration mark for new vehicles “Bharat series (BH-series)” to facilitate seamless transfer of vehicles” published in PIB on 28th August 2021. What is the News? The Ministry of Road Transport and Highways has introduced a new registration mark for new vehicles called the Bharat… Continue reading Government introduces a new registration mark for new vehicles “Bharat series (BH-series)” to facilitate seamless transfer of vehicles

On top of the scrap heap (On Vehicle scrappage policy)

Source: Business Standard Relevance: On vehicle scrappage policy Synopsis: Vehicle scrappage policy is a step in the right direction, but its success is predicated on fulfillment of several conditions. A look at some of such factors. Background Read here: PM launches scrap policy for unfit vehicles  Must Read: National Vehicle Scrappage policy – Explained Note:… Continue reading On top of the scrap heap (On Vehicle scrappage policy)

PM launches scrap policy for unfit vehicles; projects gain for owners, economy

Source: Indian Express 1, Indian Express 2, Down to Earth, India Today, The Hindu Relevance: On Vehicle scrappage policy Synopsis: A formal launch of National Vehicle Scrappage policy is an important step towards waste to wealth. A critical analysis of the policy. Context India’s National Vehicle Scrappage Policy, unveiled in March 2021, has been formally… Continue reading PM launches scrap policy for unfit vehicles; projects gain for owners, economy