March 31, 2017 2:03 PM

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Gadkari for legal recourse to help OEMs on BS-III ban

Union Road Transport Minister Nitin Gadkari has said the government will look at a legal solution to help the automakers impacted by the Supreme Court's ban on sale of BS-III vehicles from Saturday.<br/><br/>Speaking to reporters in Mumbai yesterday, Mr. Gadkari said the government respects the court's verdict and while implementing the order, it will see if some legal recourse can be taken. <br/><br/>He acknowledged that his ministry had earlier granted permission to the automakers to sell inventories before migrating to the stricter emission control BS-IV regime.<br/><br/>Asserting that the government is sensitive to environmental concerns, Mr. Gadkari said that Rs 4.5 lakh crore auto industry which employs 50 lakh people should not be neglected either.<br/><br/>The minister said the Petroleum Ministry has committed to supplying BS-IV compliant fuels before April 1 and added that the automakers have also assured to come out with vehicles which will be compliant with the norms.<br/><br/>The apex court had on Wednesday banned sale and registration of vehicles with the older BS-III emission norms from April 1. The order came as a blow to auto firms saddled with a stock of over 8.2 lakh vehicles valued up to an estimated Rs 20,000 crore.

March 31, 2017 7:41 AM

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Gadkari for legal recourse to help OEMs on BS-III ban

Union Road Transport Minister Nitin Gadkari has said the government will look at a legal solution to help the automakers impacted by the Supreme Court's ban on sale of BS-III vehicles from Saturday.<br/><br/>Speaking to reporters in Mumbai yesterday, Mr. Gadkari said the government respects the court's verdict and while implementing the order, it will see if some legal recourse can be taken. <br/><br/>He acknowledged that his ministry had earlier granted permission to the automakers to sell inventories before migrating to the stricter emission control BS-IV regime.<br/><br/>Asserting that the government is sensitive to environmental concerns, Mr. Gadkari said that Rs 4.5 lakh crore auto industry which employs 50 lakh people should not be neglected either.<br/><br/>The minister said the Petroleum Ministry has committed to supplying BS-IV compliant fuels before April 1 and added that the automakers have also assured to come out with vehicles which will be compliant with the norms.<br/><br/>The apex court had on Wednesday banned sale and registration of vehicles with the older BS-III emission norms from April 1. The order came as a blow to auto firms saddled with a stock of over 8.2 lakh vehicles valued up to an estimated Rs 20,000 crore.

March 31, 2017 7:18 AM

printer

Gadkari for legal recourse to help OEMs on BS-III ban

Union Road Transport Minister Nitin Gadkari has said the government will look at a legal solution to help the automakers impacted by the Supreme Court's ban on sale of BS-III vehicles from Saturday.<br/><br/>Speaking to reporters in Mumbai yesterday, Mr. Gadkari said the government respects the court's verdict and while implementing the order, it will see if some legal recourse can be taken. <br/><br/>He acknowledged that his ministry had earlier granted permission to the automakers to sell inventories before migrating to the stricter emission control BS-VI regime.<br/><br/>Asserting that the government is sensitive to environmental concerns, Mr. Gadkari said that Rs 4.5 lakh crore auto industry which employs 50 lakh people should not be neglected either.<br/><br/>The minister said the Petroleum Ministry has committed to supplying BS-VI compliant fuels before April 1 and added that the automakers have also assured to come out with vehicles which will be compliant with the norms.<br/><br/>The apex court had on Wednesday banned sale and registration of vehicles with the older BS-III emission norms from April 1. The order came as a blow to auto firms saddled with a stock of over 8.2 lakh vehicles valued up to an estimated Rs 20,000 crore.

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