Vehicle number 0001 to cost at least Rs 5 lakh in Pb
In what can be seen as an attempt of the cash-strapped Punjab government to fill its empty coffers, the state's transport department has decided to increase the minimum reserve fee for such numbers by 10 times.punjab Updated: Jan 22, 2014 17:11 IST
Term it an attempt of the cash-strapped Punjab government to fill its empty coffers or efforts to bring about parity in auction of VIP and fancy registration numbers for vehicles, the state transport department has decided to increase the minimum reserve fee for such numbers 10 times than the earlier rates.
Now the status-conscious affluent punjabis will have to spend a minimum of Rs 5 lakh to get the VIP number 0001 in each series.
Earlier, the minimum reserve price for 0001 in each series was Rs 50,000.
However, instead of manual auction, the transport department has decided to go for online bidding for these numbers across the state. The e-bidding will be carried at the district level on the whole rather than the sub-divisional and district transport office levels.
Apart from the steep hike in 0001 registration number, the reserve fee for 0002-0009 and 0786 numbers has been increased manifolds from Rs 10,000 to Rs 2,25,000.
As per the recent notification, the reserve price for registration marks 0010 to 0099 has been revised to Rs 1 lakh from Rs 3,000 earlier. For other fancy numbers, the government has fixed new reserve prices at Rs 25,000, Rs 12,500 and Rs 10,000 against the earlier Rs 1,000 for different registration marks in three categories.
A senior official of the department said the government will have optimum profit after fixing high minimum reserve prices as the recent trends witnessed that these numbers were auctioned less than new reserve prices.
"The 0001 number went above Rs 5 lakh only in few big districts in the state, while other numbers too witnessed the same trend. The new reserve prices are so high that even the interested people, especially at sub-divisional and small district-level, may feel reluctant to apply for the number," the official said, seeking anonymity.
Also, people will now have to pay Rs 5,000 to get any number of their choice from district transport authorities on 'first-come-first-reserve' basis. Earlier, no fee was charged for these numbers.
Besides, vehicle owners have to pay Rs 10,000 extra to obtain registration for their vehicles from other districts than the one they reside in.
SS Channi, principal secretary of transport department, said the reserve fee has been revised after taking note of average rates at which these numbers were auctioned in the past.
"If we fail to get expected response, we can think of revising reserve fee for fancy numbers", Channi said.
"We are going for e-bidding of numbers for the first time in the state. The most important thing is that anybody can apply for fancy and VIP numbers as these would be allotted above reserve prices through online bidding", he said.