Pune RTO revenue takes a hit as vehicle registrations dip
According to the statistics given by the Pune RTO, the registration of new vehicles has gone down by 78,128 and the tax collection has reduced to Rs 212,02,59,655 compared to last year in the months between April and September
The Covid pandemic has badly hit the automobile sector. The count of new vehicle registration has drastically fallen during the last six months as compared to the corresponding period of previous year. The sale of new vehicles has seen a new low.
According to the statistics given by the Pune Regional Transport Office (RTO), the registration of new vehicles has gone down by 78,128 and the tax collection has reduced to Rs 212,02,59,655 compared to last year in the months between April and September.
The countrywide lockdown announced from March 23 extended till May-end. During the lockdown period auspicious days like Gudi Padwa and Akshay Tritiya when the sale of vehicles goes up couldn’t happen. Post unlock also there was not much rise in the number of sales leading to registration of vehicle in all sectors like motorcycles, cars, autorickshaws or commercial goods vehicles.
“As Covid has impacted all sectors and sales of various goods, it has also hampered vehicle sale. In the last six months, there is very less number of vehicles registered at Pune RTO. We can understand it is due to Covid crisis, but we hope to see a rise in sale during the forthcoming festival season of Navratri and Diwali,” said Pune regional transport officer Ajit Shinde.