India LPG industry reinforces request on policy support for Autogas
India LPG industry reinforces request on policy support for Autogas
The Indian Auto LPG Coalition (IAC) has sent a letter to the Minister of Environment, Bhupender Yadav, urging him to endorse Autogas, emphasising the significant environmental and economic benefits of adopting it over traditional automotive fuels.
According to Suyash Gupta, IAC General Director, Autogas offers “significant environmental benefits by emitting 20% less CO2 compared to petrol and 60% less than diesel. It produces almost no particulate matter, a major cause of air pollution, and has significantly lower NOx emissions.”
He also highlighted that IAC has been a steadfast advocate for cleaner fuel alternatives, actively engaging with policymakers to integrate LPG into India's sustainable development framework. Gupta emphasised the need for supportive fiscal policies that acknowledge Autogas's role in achieving environmental and sustainable development goals.
The IAC is urging for more visible inclusion of Autogas in the national policy framework alongside EVs and NGVs. The coalition proposes tax incentives for Original Equipment Manufacturers (OEMs) to produce LPG-powered variants, and a reduction in the GST rate from 18% to 5% to align it with the GST rate on domestic LPG.
Source: Economic Times
Photo: Unsplash
11 September 2024