30% less vehicles sold in city

By Lokmat English Desk | Updated: December 30, 2020 22:00 IST2020-12-30T22:00:01+5:302020-12-30T22:00:01+5:30

Nagpur, Dec 30 The Covid-19 pandemic has affected business across and automobile sector was also badly affected. Around 30 ...

30% less vehicles sold in city | 30% less vehicles sold in city

30% less vehicles sold in city

Nagpur, Dec 30

The Covid-19 pandemic has affected business across and automobile sector was also badly affected.

Around 30 per cent less vehicles were sold this year than in the last fiscal during the same period. In 2019, 1,33,069 vehicles were registered in RTO Nagpur’s, East and Rural Office, which decreased by 40,415 to 30.37 percent to 92,654 in 2020. At the same time, RTO revenue has also decreased by 20 percent.

In 2019, RTOs three offices collectively earned a revenue of `381,2,56,620, which decreased to `76,93,18,08 in 2020, registering a drop of 20.18 percent to `304,31,38,612. This is the first time in the past several years that the revenue of RTO has decreased because the graph of income usually increases every year.

In RTOs Nagpur city office, 25,999 vehicles were registered in the year 2019, but in 2020, this figure has decreased by 35.55 percent to 16,755. Last year 57,942 vehicles were sold in Nagpur East RTO, while in 2020, only 37,868 vehicles were registered, registering a decline of 34.64 percent. In 2019, 49,128 vehicles were registered at Nagpur Rural Office, but in 2020 this figure has come down to 38,031 registering a decline of 22.58 per cent.

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