Himachal Pradesh transport department aims Rs 8.5 bn revenue
ROADS & HIGHWAYS

Himachal Pradesh transport department aims Rs 8.5 bn revenue

Deputy Chief Minister Mukesh Agnihotri announced on Wednesday that the Himachal Pradesh Transport Department has set a target to generate revenue of Rs 8.5 billion in the current fiscal year. This goal exceeds the department's revenue of Rs 6.75 billion from the previous year by Rs 1.75 billion.

To achieve this target, Agnihotri emphasised the need to address revenue leaks and crack down on vehicles entering the state without paying taxes. Making the registration of all vehicles mandatory would also contribute to revenue generation. Agnihotri shared these details with the media after a review meeting of the transport department.

In order to expedite revenue collection, the government has granted a one-time relaxation to tax defaulters, allowing them to pay their dues by June 30, 2023, with a 10 per cent interest, while waiving the remaining interest and penalties. This initiative is expected to generate an income of Rs 1.5 billion.

Furthermore, the state has made it mandatory to register all vehicles, including heavy vehicles like JCBs. Luxury buses entering the state from outside will be subject to fees of Rs 5,000 per day, Rs 25,000 per week, Rs 75,000 per month, or Rs 9 lakh per year to operate within the state. This move aims to generate additional revenue of Rs 100 million, as approximately 200-250 such buses exist.

The transport department has recently conducted a performance review of staff at interstate barriers. Underperforming barriers that fail to meet targets have been identified, and performance-based incentives, such as promotions and increments, will be introduced. Barriers that continue to underperform will face consequences.

The state also prohibits the use of nameplates indicating owners other than the government on vehicles within its borders. In addition, strict surveillance will be maintained at all barriers to prevent illegal mining, and a "zero tolerance" policy will be implemented to deter tax evasion.

Emphasizing the importance of road safety, Agnihotri stated that an average of three people die in accidents daily in Himachal Pradesh. To raise awareness, schools and colleges will receive Rs 15,000 and Rs 30,000, respectively, for conducting traffic awareness activities. Discussions are underway to incorporate road safety into the school curriculum.

Currently, there are approximately 21.51 lakh registered vehicles in the state, with 18.48 lakh being non-transport vehicles and 3.08 lakh classified as transport vehicles. The state experiences an annual vehicle growth rate of about 15 per cent.

Also Read
Capital division begins road maintenance at Ganga-Papunallah road
City Police's temporary fix eases traffic woes at busy junction


Deputy Chief Minister Mukesh Agnihotri announced on Wednesday that the Himachal Pradesh Transport Department has set a target to generate revenue of Rs 8.5 billion in the current fiscal year. This goal exceeds the department's revenue of Rs 6.75 billion from the previous year by Rs 1.75 billion. To achieve this target, Agnihotri emphasised the need to address revenue leaks and crack down on vehicles entering the state without paying taxes. Making the registration of all vehicles mandatory would also contribute to revenue generation. Agnihotri shared these details with the media after a review meeting of the transport department. In order to expedite revenue collection, the government has granted a one-time relaxation to tax defaulters, allowing them to pay their dues by June 30, 2023, with a 10 per cent interest, while waiving the remaining interest and penalties. This initiative is expected to generate an income of Rs 1.5 billion. Furthermore, the state has made it mandatory to register all vehicles, including heavy vehicles like JCBs. Luxury buses entering the state from outside will be subject to fees of Rs 5,000 per day, Rs 25,000 per week, Rs 75,000 per month, or Rs 9 lakh per year to operate within the state. This move aims to generate additional revenue of Rs 100 million, as approximately 200-250 such buses exist. The transport department has recently conducted a performance review of staff at interstate barriers. Underperforming barriers that fail to meet targets have been identified, and performance-based incentives, such as promotions and increments, will be introduced. Barriers that continue to underperform will face consequences. The state also prohibits the use of nameplates indicating owners other than the government on vehicles within its borders. In addition, strict surveillance will be maintained at all barriers to prevent illegal mining, and a zero tolerance policy will be implemented to deter tax evasion. Emphasizing the importance of road safety, Agnihotri stated that an average of three people die in accidents daily in Himachal Pradesh. To raise awareness, schools and colleges will receive Rs 15,000 and Rs 30,000, respectively, for conducting traffic awareness activities. Discussions are underway to incorporate road safety into the school curriculum. Currently, there are approximately 21.51 lakh registered vehicles in the state, with 18.48 lakh being non-transport vehicles and 3.08 lakh classified as transport vehicles. The state experiences an annual vehicle growth rate of about 15 per cent. Also Read Capital division begins road maintenance at Ganga-Papunallah roadCity Police's temporary fix eases traffic woes at busy junction

Next Story
Infrastructure Energy

Digital Economy, Renewable Energy to Boost Job Creation: Economic Survey

The Economic Survey 2024-25, presented by Union Finance Minister Nirmala Sitharaman, indicates substantial improvement in India’s labour market, driven by strong post-pandemic recovery and formalisation of the workforce. Key findings include a significant drop in the unemployment rate from 6 per cent in 2017-18 to 3.2 per cent in 2023-24. Additionally, there has been notable growth in female labour force participation, which increased from 23.3 per cent in 2017-18 to 41.7 per cent in 2023-24.Other highlights include:Over 30.51 crore unorganised workers registered on the eShram portal, suppor..

Next Story
Real Estate

Aditya Birla Housing Finance Secures Rs 8.3 Billion from IFC

Aditya Birla Housing Finance Ltd. (ABHFL), a subsidiary of Aditya Birla Capital, has raised Rs 8.3 billion through non-convertible debentures (NCDs) from the International Finance Corporation (IFC). The company stated that the funds will be used to provide housing loans to low- and middle-income groups (LIG and MIG), with a special focus on promoting homeownership among women. Additionally, a portion of the investment will support MSMEs, particularly women-led enterprises, to drive economic growth. The initiative aims to strengthen financial inclusion and uplift underserved communities in the ..

Next Story
Infrastructure Energy

Bihar to Bid Out 2,400 MW Power Plant by March

The Bihar government plans to auction the proposed 2,400 MW coal-based power plant at Pirpainti by March 2025. Part of the state's FY25 budget initiatives, the project is valued at Rs 214 billion, covering multiple power sector developments. Coal for the plant is expected to come from Eastern Coalfields, with fuel and location already determined to streamline the bidding process. Discussions are underway to finalise coal supply under the SHAKTI scheme, with a resolution expected by February. The Central government has also pledged support for fast-tracking environmental clearances to facilit..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000