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Tuesday 5 April 2016

SIAM praises the Delhi budget, says it’s a big boost towards sustainable mobility

Couple of days after the state budget of Delhi was announced; the Society of Indian Automobile Industry (SIAM) hailed the budget & said it is a big boost towards sustainable mobility of the state & urged other cities to come up with similar or better initiatives to promote sustainable mobility in their respective states.



“Budget of Delhi aims to boost the public transportation system, The Delhi government is all set to introduce 1000 new non-ac busses. It will invest a significant amount of Rs. 325 Cr. towards it which will translate into lesser use of personal transport for daily commuting leading to less congestion on roads” said Society of Indian Automobile Manufacturers (SIAM) in a statement.

The budget also paid attention towards welcoming more electric vehicles in the state as it exempts the road tax on registration of electric & hybrid vehicles & also reduce the VAT rate from 12.5% to 5% on battery operated transport means including e-rickshaw, battery operated vehicle and hybrid automobile.

Welcoming the state government's plans to acquire new buses, it said: "These steps in totality would lead to a more robust public transport system. SIAM believes that these steps taken towards strengthening the public transport system would go a long way in addressing the issue of traffic on road."

With these new initiatives by the government we are certain that the people of Delhi would love to reap benefit out of the new rule & buy more electric vehicles to trim down the pollution which is today a major life threat around the world.


If you are looking to buy a used hybrid car in Delhi than paying a visit to Shriram Automall would help as the company offers the most extensive line up of used hybrid cars & CNG cars under a single roof. 

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