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Hybrid cars to be exempted from odd-even scheme in Delhi

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Published : Sep 14, 2019, 12:33 PM IST

As in the previous years, the city government led by Chief Minister Arvind Kejriwal is expected to exempt hybrid cars from the odd-even scheme which would come in force in mid-November.

Hybrid cars to be exempted from odd-even scheme in Delhi

New Delhi: If you are driving hybrid variant of cars such as Suzuki Ciaz, Honda Accord or Toyota Camry, you do not need to fret over the Delhi government's plan to implement an odd-even rule to curb air pollution in the city.

As in the previous years, the city government led by Chief Minister Arvind Kejriwal is expected to exempt hybrid cars from the odd-even scheme which would come in force in mid-November.

"As in the past, CNG vehicles, electric vehicles and hybrid vehicles among certain another category of vehicles would be exempted from the scheme," a Delhi government official said.

Under the odd-even rule, vehicles with odd and even number license plates are allowed to ply on alternate days.

Delhi Chief Minister Arvind Kejriwal on Friday said that the odd-even rule for traffic will be implemented after Diwali. Addressing a press conference, Kejriwal said that the scheme would be applicable in Delhi between November 4 to November 15.

This will be the third time that the anti-pollution rule will be rolled out in the national capital.

Kejriwal also announced a seven-point action plan in November to contain air pollution in the city. As part of the plan, every ward in Delhi will have two environment marshals, and the local government will also distribute N-95 masks to people in November.

Various studies have found Delhi among the most polluted cities in the world causing a number of breathing problems among the residents. As winter sets in, the pollution level soars, creating an alarming situation.

As vehicles contribute significantly to the overall pollution, the Delhi government earlier launched the odd-even scheme to reduce vehicular traffic on its roads.

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Washington, Sep 14 (IANS) Some 65 per cent of US chief financial officers (CFOs) believe that US trade policy will be negative for their businesses over the next six months, a new survey showed.



Thirty-five per cent of CFOs cited US trade policy as the "biggest external risk factor," more than double the second biggest risk highlighted -- consumer demand, revealed the latest quarterly CNBC Global CFO Council survey released on Friday, Xinhua news agency reported.



"While at a macro level it's easy to understand the motivation behind the recent policy changes, I can't find a single CFO who has told me it would be a positive for his or her business," said Jack McCullough, president and founder of the CFO Leadership Council, an executive networking group. "I cannot recall when CFOs were as jittery about a change in policy as they are today."



The survey was conducted between August 21 and September 3 among 62 global members of the CNBC Global CFO Council, which represents some of the largest public and private companies in the world.



According to a recently released annual survey conducted by the US-China Business Council (USCBC), US-China trade friction is "negatively impacting" US companies operating in China, with 81 per cent of the some 100 executives reporting such impact, up by 8 per cent from last year.



Nearly half of the respondents report lost sales and ceding market share to foreign competitors, and a "staggering" 37 per cent of respondents indicate lost sales in China due to Chinese partners' concerns about doing business with US companies, which are increasingly viewed as unreliable business partners as a result of the trade tensions, the survey showed.



Brian Higginbotham, senior economist at the US Chamber of Commerce, wrote in an article Thursday that in recent months both business and consumer confidence have "faltered," citing tariffs on China as one of the factors. "There is a clear consensus that the recent tariff actions against China are particularly worrisome," he said.

 


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