Government will soon frame an integrated policy to check pollution by over 10-year-old commercial vehicles (CVs) but there's no immediate plan to ban trucks and busses above 15 years, Road Transport Minister Nitin Gadkari said today.
The policy will envisage the scrapping of 10-year-old vehicles, which will be valued at 10-15 per cent of the original cost.
It will also consider tax exemption by government and discounts by manufacturer so that owner of old vehicle gets an overall benefit of up to Rs 2.5 lakh on a new purchase.
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When asked about banning CVs older than 15 years, he said: "An integrated policy to check pollution by over 10 year old commercial vehicle will be formed soon. Cabinet nod will be sought on it and only then it will come into force. There is no such decision at present to ban 15 years old commercial vehicles (CVs)."
Stating that "no policy can be in piecemeal without Cabinet approval", Gadkari said: "Whatever decision we will take, it will be based on integrated approach."
Elaborating how the government plans to tackle the issue, he said: "We will form such a policy that 10-year-old vehicles will be scrapped. The cost of vehicle will be valued at 10 to 15 per cent of original cost. If vehicle cost is Rs 10 lakh, scrap will be 10 per cent of it."
Speaking on the sidelines of a CII event, he further said government will recommend some tax exemption so that neither manufacturer nor government is at loss.
"Government will give tax exemption of Rs 50,000 to Rs 60,000. We are going to recommend it but have not declared the policy yet. Manufacturers will give Rs 50,000 to Rs 1 lakh discount to owner of old vehicle on new purchase, so that overall benefit will be up to Rs 2.5 lakh," Gadkari said.
The minister said such a step would result in 25 per cent increase in automobile manufacturing.
"We will set up industrial hubs at ports to recycle such scrap that would be marketed and immensely boost the economy," he added.
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Gadkari also inaugurated today the Vajedu Bridge at Madikonda near Warangal.
Speaking on the occasion, the Union Minister said about 1,800 km of roads in Telangana would be developed as National Highways.
He sanctioned construction of a National Highway from Bhadrachalam in Khammam district to Koutala in Adilabad district.
"The Central government is planning to lay the foundation stone for as many as 350 Rail Overbridges (ROBs) in the country, on one single day before the upcoming Republic Day. Twelve of those would be in Telangana," he said.
Telangana Chief Minister K Chandrashekar Rao requested the Union Minister to take necessary steps to resume the cement industry in Hyderabad.
The state government has proposed a Textile Park in Warangal, Rao said, adding it is the state's second-largest city and the most important one after Hyderabad.
Union Minister of State for Labour and Employment Bandaru Dattatreya, Telangana Legislative Assembly Speaker S Madhusudhana Chary, several MPs, MLAs and MLCs were present on the occasion.
Telangana Deputy Chief Minister K Srihari presided over the programme.
Rao would be halting at Hanamakonda in Warangal tonight and tomorrow.
He would inaugurate the Kakatiya Thermal Power Station Stage-II, with an installed capacity of 600 MW, at Bhupalpally near Warangal tomorrow.