BRICS LIFE

15.07.2616:30 Economy

Executive Secretary of United Nations Convention to Combat Desertification, Yasmine Fouad: “Regardless of different cultures and identities, United for Land is message we are trying to promote, and it goes beyond rangelands campaign”

15.07.2615:00 Economy

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Agricultural technologies of future: automation of agriculture in Global South

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TV BRICS INSIDE

13.07.2612:30 Culture

Mariinsky Theatre and TV BRICS to promote classical theatre arts across BRICS countries

03.07.2612:00 Society

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30.06.2612:00 Society

Latin American countries establish media cooperation with BRICS via TV BRICS

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11.12.24 16:47

Society

Indian government incentivises companies to produce environmentally friendly vehicles

The finance ministry has reduced the Goods and Services Tax (GST) on electric mobility vehicles from 12 per cent to 5 per cent

The total number of electric two-wheelers registered in India stands at 28,55,015 and four-wheelers at 2,57,169 as on 4 December.

Electric vehicle consumers are supported through various government programmes promoting the adoption and production of electric and hybrid vehicles in India. The FAME India programme, envisaged for five years from April 1, 2019, has a total budget of US$1.39 billion, which aims to support electric two-wheelers and three-wheelers, electric buses and charging stations for electric vehicles.

The finance ministry has reduced the Goods and Services Tax (GST) on electric vehicles from 12 per cent to 5 per cent. The Ministry of Road Transport and Highways (MoRTH) announced issuance of green number plates for battery vehicles and exemption from permits. This is reported by IANS, a partner of TV BRICS.

It has also issued a notification to state governments to waive road tax on electric vehicles, which will help reduce their initial cost.

Photo: iStock

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BRICS News Digest for the previous week

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Nitin Gadkari

India's Union Minister for Road Transport and Highways

"Our resolution has just been passed. It is very important as far as the BRICS countries are concerned, which cover 40 per cent of the world's population. We are committed to the futuristic development of the transport sector, to create cooperation, coordination and communication between the stakeholders. This resolution indicates a lot of new technology and innovation in the transport sector. It covers the road sector, railways, aviation and water transport"

Prabowo Subianto

President of Indonesia

"This roadmap sets the framework for our joint efforts. Indonesia and Belarus have great potential for expanding cooperation in various fields. Our cooperation will focus on industrial development and agricultural modernisation. In industry, we see a major opportunity to increase trade volumes, investment, and cooperation between our two countries. We are also pushing for closer collaboration in culture and human resource development"

Liao Fan

Director of the Institute of World Economics and Politics at the Chinese Academy of Social Sciences (CASS)

"We also encourage countries of the Global South to work together and contribute to the global economy. We also call on developed countries to set aside issues such as national security and strategic competition when we are discussing real global challenges – pressing issues such as public health or poverty reduction – so that development resources can be channelled truly effectively to those countries that need them. [...] Major powers and large countries must bear greater responsibility for the well-being of people around the world. This is the responsibility of the major powers"

Anutin Charnvirakul

Prime Minister of Thailand

"Russia has been a trusted friend of Thailand for over a century. […] Next year, we will mark the 130th anniversary of the establishment of diplomatic relations between our countries. We will commemorate this important milestone with high-level exchanges, thereby reaffirming our shared commitment to an even stronger partnership for the benefit of our peoples"

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Indian government incentivises companies to produce environmentally friendly vehicles

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