Most developing and transition countries do not have vehicle manufacturing capabilities hence rely on import of their entire vehicle fleet. A large percentage of these vehicles are imported as used or
Here is what it takes to make an absurd number game -- cunning rules, crafty calculations and clueless regulators. Or how else do we describe the new proposal from the Steering Committee of Emissions Regulations
Words of wisdom: Sandeep Garg, Energy Economist, Bureau of Energy Efficiency, speaking at a programme organised by the Southern India Engineering Manufacturers
the Union Ministry of Finance imposed an additional duty of Rs 15,000 to Rs 20,000 per vehicle on big cars and utility vehicles on June 13. The decision comes as a knee-jerk reaction to the skyrocketing international crude prices. While welcoming the move as a step forward, experts said staving off an energy crisis would require making the tax progressively harsher and linking it with fuel
