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Jayant Mundhra
ย โขย
Dexter Capital Advisorsย โขย 2h
Days ago, Times of India put out a misleading report, which claimed that Bengaluru had surpassed Delhi in private car ownership ๐ ๐ It cited the data from Delhi Statistical Handbook 2023, in which Bengaluru has 23.1 lakh private cars, compared to Delhi's 20.7 lakh as FY23 end. This, however, was the case of journalists not digging into the real story behind those statistics. .. Truth? -> Due to serious pollution woes, the Supreme Court had passed a landmark judgment in 2018 -> This banned diesel vehicles older than 10yrs and petrol vehicles over 15yrs in Delhi Because of this, in just two years, 2021-22 and 2022-23, Delhi Govt deregistered about 55 lakh cars, scrapped 1.4 lakh, and saw over 6.2 lakh vehicles move to other states for re-registration! This massive deregistration has significantly reduced the number of registered vehicles in the capital, from 1.2 crore to 79.5 lakh, with the number of private cars plummeting from 33.8 lakh to 20.7 lakh. .. Times of India presented the data as if Bengaluru had suddenly become a car sales juggernaut, which is misleading. The narrative should have been about how Delhi's proactive steps to reduce pollution by removing old, polluting vehicles from its roads have just not worked. Anyhow, did you know this? ..
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