-The Telegraph The Union urban development ministry has proposed three new taxes on private vehicle owners: on vehicle purchases, petrol and insurance. The aim is to fund public transport in cities and deter the use of private vehicles The Rs 40,000 crore that the ministry proposes to raise annually through the “green surcharge”, “green cess” and “urban transport tax” is to go to a national urban transport fund that will finance transport schemes. Urban...

-PTI A government sub-committee looking into probable sources of funds for urban transport projects in the 12th Plan has suggested the creation of a national fund, resource for which can be generated through taxes on vehicles and petrol consumption.  The recent report of the Sub-Committee on Financing Urban Infrastructure in the 12th Plan said investments to the tune of 87,000 crore were required in the Five Year Plan duration.  The huge investment needs...

The growth rate of petrol consumption is set to fall below 5% in the current fiscal, the first time in five years. Meanwhile, the consumption of diesel continues to grow at 7%, adding to the losses of the oil marketing companies on account of subsidies. In India, diesel is subsidized while petrol is not, and the price difference has led to more buyers opting for vehicles driven by the cheaper fuel. According...

Yesterday was the last day of the Auto Expo 2012 in New Delhi. It should have been the first day of ending our obsession with cars and instead, realise what this fascination is doing to our insides.  Over a decade ago, Delhi was a heroic city. It had successfully reduced air pollution by shifting buses and three-wheelers from diesel to CNG. But now, Delhi's residents are choking again. Recently, this paper...

Buying and running cars and two-wheelers could soon become a costly affair with a Planning Commission working group suggesting a green surcharge of Rs 2 on every litre of petrol, a green cess of 3% of the annual insured value of all private vehicles and a steep urban transport tax to be collected at the time of purchase of private vehicles.  The panel, headed by Delhi Metro chief E Sreedharan, has...