Indian Express

Express India

Screen

Loksatta

Express Cricket

Kashmir Live

Biz Publications
 
| Make this your homepage | Feedback

Tax sops likely for less polluting cars: Subhas

Economy Bureau
Posted online: Saturday , August 09, 2008 at 01:03 hrs
Updated On: Saturday , August 09, 2008 at 01:03 hrs


Font Size

Print

Feedback

Email

Discuss
Rate This Article
1 2 3 4 5 6 7 8 9 10
Rating:  4

The West Bengal transport department is looking into the possibility of reducing tax burden for vehicles abiding by the polution standards. "We will give tax sops to less polluting vehicles," state transport minister Subhas Chakraborty said here on Friday.

"Demand for vehicles will go up in future, so will the pollution level in Kolkata," he said.

Moreover, the state government has extended the scheduled date for opening tenders for the proposed 50-kilometre six-lane elevated road by a month. "This is aimed at attracting more foreign companies," a top government official said. Tenders for the project were scheduled to be opened on July 31.

"Seven foreign companies have shown interest in the project," Chakraborty said.

"It will be in addition to the six-lane roads having a total length of 120 km in the city," Chakraborty said at a programme to inaugurate the radio cab service in Kolkata.

The city will soon have a fleet of 100 new airconditioned radio taxis catering to the premium segment passengers. The cabs, christened 'Kolkata Cab', will charge Rs 15 per km as against regular cabs' Rs 11-12.

Kolkata Cab, fitted with the option of credit card payment, will reach at the doorstep within 15 minutes, once the full fleet starts functioning.

The airconditioned taxi service in Kolkata was started with Blue Arrow to be followed by a similar initiative by Hindustan Motors. The state transport department had issued 300 permits to Hindustan Motors to roll out such cabs last year.

Neeraj Kumar, managing director and chief executive officer of ORIX Auto Infrastructure Services Ltd, a joint venture between IL&FS and ORIX Corp of Japan, said: "We will roll out fleets of 100 cabs in Hyderabad, Mumbai and Bangalore soon."

The company has invested Rs 50 crore for the project and is likely to pump in another Rs 25 crore this fiscal, Kumar said.

Ads by Google

Post Comments

Comments: (Limit 3,000 characters)
Name
Message
Email ID
Subject
TERMS OF USE:
The views represented here are not neccesarily endorsed by www.financialexpress.com and its allied websites. All messages will be moderated and no message that has inflammatory, abusive, derogatory language or any language deemed unfit for publication by the editor will be displayed. Though it will be endeavoured that as many messages as possible be displayed, there will be time lag between the submission and publication of the messages. The website reserves the right to publish or reject any message.
I agree to the terms of use.

Comments
Shaadi Matrimonials
Get Marriage Proposals by Email EVERYDAY!
Register FREE on Naukri.com.
200000+ Hot Job Openings!
Yatra Offers
10% cash back on Master Card
Send Raksha Bandhan
Gifts and Rakhis
Express Classifieds
Post and view free classifieds ad
Express Astrology
Know what's in the stars for you