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- 12 years old vehicles to pay Green Tax
- JDU to promote afforestation in Bihar
- CM Cycle Yojna attracts major investors to state
| 12 years old vehicles to pay Green Tax Posted: 19 Jul 2011 02:05 PM PDT Bihar government has started to levy ” Green Tax” on all old polluting commercial vehicles in order to keep them completely off the roads. In Patna alone, there are over 19,000 commercial vehicles which are over 12-year-old. All old private vehicles are exempted from “green tax”. The tax is aimed to discourage high consumption of fuel. Old vehicles consume more fuel than the new ones. Within three months of imposing “green tax”, the state transport department earned over Rs 50 lakh in Patna alone. Under Bihar Vehicles Taxation Act, 1994 amendment – a “green tax” at the rate of ten per cent is payable, including additional tax, by every owner of registered transport vehicle which is over 12 years old, except three wheelers, tractors and trailers. All old goods carrier vehicles that are above 3,000 kg in weight will have to pay ten per cent of the tax i.e., Rs 550 as “green tax” that would be valid for ten years. This besides, all old passenger vehicles (lower than 3,000 kg) will pay tax ten per cent of the tax either quarterly, half yearly or annually. “This is to curb vehicular pollution and to penalize persons responsible for pollution,” Patna DTO Harihar Prasad said. All old commercial vehicles, including even those that are government owned, would be taxed under “green tax”. “According to norms, private vehicles have been excluded from the purview of ‘green tax’ as these are not used vigorously like commercial vehicles,” Prasad said, adding: “The tax will not vary for either petrol or diesel-run commercial vehicles. It is same for all vehicles.” At present, according to the data available with DTO, there are a total of 19,544 vehicles that are over 12 years old. These include 12,175 trucks, 1,089 buses, 625 minibuses, 662 delivery vans, 641 jeep taxis, 359 car taxis and 234 ambulances. |
| JDU to promote afforestation in Bihar Posted: 19 Jul 2011 02:03 PM PDT Janata Dal United(JDU), has planned to go green in Bihar. The party has decided to go for plantation to expand green cover and make people aware of the environment. With a target of one lakh plants, the party leaders and workers will fan out in the villages to enroll members of JD-U. “We have a target to enroll 50 lakh members and plant one lakh saplings,” said Bihar JD-U president Vashisht Narayan Singh. The membership drive cum tree plantation campaign will be launched soon. “Chief minister Nitish Kumar will kick off this unique initiative from some village very soon,” said party spokesman Sanjay Singh. The membership drive cum tree plantation campaign will be launched soon. “Chief minister Nitish Kumar will kick off this unique initiative from some village very soon,” said party spokesman Sanjay Singh. |
| CM Cycle Yojna attracts major investors to state Posted: 18 Jul 2011 09:30 PM PDT PATNA: This week, when members of the state assembly debate over the first supplementary budget presented by deputy CM Sushil Kumar Modi before its passage by the House, they might gloss over or just shrug their shoulders over a small sum Rs 19.32 crore that is to be given to ninth standard boys and girls studying in government high schools under the CM’s Cycle Yojana. The CM Cycle Yojna of giving cycles to the boys and girls of 9th standard, has triggered a big investment opportunity in the state, To fecilitate this, three bicycle manufacturing companies in the country have shown interest to have their manufacturing units in Bihar. The three companies, as industries department principal secretary C K Mishra said, are TI Cycles, Hero Cycle, and Avon Cycle. “Bihar, with its CM’s Cycle Yojana, has the strength and capacity to absorb cycles manufactured within the state,” he added. It is learnt that TI Cycles, with investment proposal of Rs 45 crore, has identified land in Hajipur industrial area, and the construction work, too, has been started. Representatives of Hero Cycle, with investment proposal of Rs 200 crore, have done the survey work with regard to their land at one or two places, a source said. Similarly, Avon Cycle, which is the biggest manufacturer of cycles in the country, has an investment proposal of around Rs 50 crore, and is also busy identifying the land for its manufacturing unit in the state. According to sources, the rising steel prices have forced cycle manufacturing companies to hike the prices of bicycles, on the one hand, and they have been also looking for an assured market, on the other hand. Bihar, with its CM’s Cycle Yojana, has come into a position of its own to provide it. It is being felt that Bihar can afford absorption of around five lakh bicycles manufactured annually. Of the five lakh cycles produced annually, four lakh customers would be from among the ninth standard students and another one lakh would be the general customers. This overall trend would be available over the next three years, implying the production and sale of 15 lakh bicycles during the period. The change, including the production and sale of high-end bicycles, is expected to be on the higher side later to sustain the cycle manufacturing industry, on the one hand, and of spare parts manufacturers, on the other. |
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