November 26, 2009, New Delhi: The Society of Indian Automobile Manufacturers (SIAM) has submitted a proposal for modernisation of vehicle fleet, with a view to give impetus to the growth of the automotive sector as well as bring down environmental pollution, improve road safety etc. The scheme is aimed at providing incentives to the vehicle owners on purchasing new vehicles. A group of officers under the chairmanship of director (Auto), Department of Heavy Industry associating National Automotive Testing and R&D Infrastructure Project (NATRIP) and the Ministry of Finance has been constituted to discuss threadbare the need and scope of having an incentive-based scheme for the replacement of old vehicles specifically in the Indian context and suggest specific contours for such a scheme. This was stated by Shri Arun Yadav, minister of state for heavy industries and public enterprises, in the Lok Sabha on November 26, 2009. For more information, contact Press Information Bureau "A" - Wing, Shastri Bhawan Phone: 011- 23389338 Website: http://www.pib.nic.in/ |
