US EditionScrapping 97 Lakh Unfit Vehicles Can Fetch Rs 40,000 Crore GST, Says Nitin Gadkari
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Scrapping 97 lakh unfit vehicles can fetch Rs 40,000 crore GST, says Nitin Gadkari
Speaking at a recent event, Union Minister Nitin Gadkari said large-scale scrappage of unfit and polluting vehicles could create jobs, boost demand and cut costs, while giving the Centre and states a major GST windfall.
New Delhi – Removing old, polluting and unsuitable vehicles from the country will add a lot to the government's revenue and will also boost employment generation, Union Road Transport Minister Nitin Gadkari has claimed. Benefits of scrapping 97 lakh vehicles- Speaking at the annual convention of ACMA, Gadkari said that if as many as 97 lakh vehicles across the country are scrapped, then a revenue of Rs 40 thousand crore can be generated from GS…
GST of ₹40,000 crore can be obtained by scrapping 97 lakh vehicles’, Nitin Gadkari suggested to the auto sector - Business League
Union Minister Nitin Gadkari on Friday gave a big message to the automobile industry – if all the 97 lakh junk and polluting vehicles in the country are scrapped, India can benefit by Rs 40,000 crore in the form of GST. Speaking at the ACMA Annual Session 2025, Gadkari said that this big clean-up campaign will not only increase government revenue but will also create 70 lakh jobs and will also boost India’s efforts to become the world’s number o…
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