It seems the auto industry is skeptical on the sustenance of the existing policies of the government in the light of the direction of High Courts and Tribunals, Minister of State Heavy Industries and Public Enterprises Babul Supriyo said in a written rely in the Rajya Sabha.
"Decisions on new investment in the entire automotive sectors across the country has certainly stopped for the last six months as it seems auto industry is skeptical on the sustenance of the existing policies of the government in the light of the recent direction by Hon'ble Courts and Tribunals," the minister said.
The minister further said the department had also submitted to the apex court that BS IV emission norms in the most stringent norms in the country and to ban a category of vehicle which is meting the stringent emission regulations and all other laws and regulations of the country is unjustified.
Supriyo further said a circuit bench of the Southern Bench of Green Tribunal had already banned sale of new 2,000 cc and above diesel cars in Kerala in May. However, a stay on the same was granted by the Kerala High Court and the matter is again to be heard in Kerala by the NGT Circuit bench.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
