Contact Your Financial Adviser Money Making MC
16
February 2017
Bajaj
Auto on Wednesday said all its two- and three-wheelers manufactured from
January 2017 are compliant with BS IV norms and demanded no amnesty be granted
in meeting the deadline of April 1, 2017. The
Total Investment & Insurance Solutions
The
Environment Pollution Control Authority (EPCA) directed neither the sale nor
the registeration of any pre- BS IV vehicle from April 1, 2017.
"As
a responsible corporate, we have complied with this directive and had already
commenced manufacturing of BS IV complaint vehicles from October 2016.
Moreover, with effect from January 2017, all products from all our three plants
are BS IV compliant," said automaker's MD Rajiv Bajaj. The Total Investment & Insurance Solutions
"We
have thus ensured that all vehicles presented for registration from April 1
onwards will be BS IV compliant," he said, adding that tightening emission
norms to meet BS IV standard comes at a substantial cost. The Total Investment & Insurance Solutions
The
Central Pollution Control Board had earlier confirmed that BS III compliant
vehicles could not be sold or registered anywhere in the country from April 1,
2017. However, some automobile companies have requested that this deadline be
extended.
"All
those who do not change on time will commercially benefit by selling their
products at a lower price in case the amnesty is granted. Therefore, the
manufacturers who have followed all directives in letter and spirit will
actually end up being penalised," he said.
The
automaker also said that the authorities should send strong message by
"not giving any amnesty" and if at all any short-term amnesty is
given, "it should be accompanied by a sizeable financial penalty on a per
vehicle basis on all BS III vehicles registered after April 1, 2017" to
discourage this practice in future.The Total
Investment & Insurance Solutions
No comments:
Post a Comment