India's road transport minister plans to submit a proposal to the finance ministry to levy an additional 10% GST on diesel engine vehicles, a move aimed at boosting climate-friendly vehicles in one of the most polluted countries. Calling it a 'pollution tax', Nitin Gadkari at the 63rd SIAM Annual Convention said his proposale is the
The Group of Twenty (G20) is the premier forum for international economic cooperation. It plays an important role in shaping and strengthening global architecture and governance on all major international economic issues. India holds the Presidency of the G20 from 1 December 2022 to 30 November 2023. Inception of G20 The G20 was founded in
The maximum operational weight or mass that a vehicle can carry as determined by the manufacturer is known as the Gross Vehicle Weight (GVW). This weight includes the vehicle's chassis, body, engine, fluids, fuel, accessories, driver, passengers, and a safe amount of cargo (excluding any trailers). Commercial vehicles usually have the GVW information, on a
One of the largest costs for business fleets is frequent fuel. Fuel expenses accounted for an average of 24% of fleet managers' overall costs in 2019. It is obvious that reducing these expenses may result in significant cost savings for your fleet, yet efficiently controlling fuel can be quite difficult. The cost of fuel varies
A Transportation Management System is software that aids businesses in managing the logistics involved in moving physical items by land, air, sea, or a combination of these modes of transportation. TMS logistics software, which is a component of the larger supply chain management system, works to ensure prompt delivery of goods by streamlining loads and
The Monsoon season is here, and India is anticipated to see heavy rainfall. All the city’s roadways frequently submerge beneath water. Each year, there are incidents where motorists attempt to drive over flooded roads and experience engine failure. Apart from this problem, monsoons are often harsh on automobiles. Many elements, including automobile exterior Maintenance and
In the field of operations and business management, two terms often used interchangeably are logistics and supply chain management (SCM). While they are related and share similar goals, it is essential to understand the distinctions between these two concepts. In this blog, we will delve into the key differences between logistics and supply chain management,
Two frequently utilized techniques for monitoring and tracking vehicles in fleet management are traditional GPS tracking and SIM-based tracking. Although both strategies accomplish the same goal, there are significant variations in the technology and functioning of each. Traditional GPS Tracking The Global Positioning System (GPS) satellites are used in conventional GPS tracking to identify the
The Economic Times Supply Chain Management & Logistics Summit 2023 featured interaction between audience members and Nitin Gadkari, Minister of Road Transport and Highways, Government of India. India now has the world's fastest-expanding economy. Our nation has to grow exports while lowering imports in order for our honorable prime minister to create a $5 trillion
What is fleet management? Fleet management is a process that involves overseeing all aspects of fleet maintenance and operations, aimed at enhancing business efficiency and reducing potential risks. It is essential for any business that relies on commercial vehicles regularly to implement effective fleet management strategies. By doing so, organizations can optimize their operations, ensure proper