Research

Mathematical Sciences

Title :

A mathematical approach to design vehicle scrappage policy in Indian context.

Area of research :

Mathematical Sciences

Focus area :

Quantitative Social Sciences

Principal Investigator :

Dr. S P Sarmah, Indian Institute Of Technology (IIT) Kharagpur, West Bengal

Timeline Start Year :

2023

Timeline End Year :

2026

Contact info :

Details

Executive Summary :

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

Total Budget (INR):

6,60,000

Organizations involved