A mathematical approach to design vehicle scrappage policy in Indian context.
Implementing Organization
Indian Institute of Technology (IIT)
Principal Investigator
Dr. S P Sarmah
Dr. Jayanta Chakraborty, Indian Institute Of Technology (IIT) Kharagpur, West Bengal
Project Overview
The proposed study would deliver the following expected outcomes: • The study will help to understand the consumers’ intention for practicing vehicle scrappage in context of India. • The proposed project would help in designing the subsidy scheme for vehicle scrappage and switching to electric vehicles (EVs). • The study will help the policy maker/Government in understanding consumer behavior while availing subsidies to opt for eco-friendly vehicles (EVs). • The study will cater a decision support model to the policymaker/Govt. agency, to help in implementing the policy for optimal vehicle fleet replacement