Helmet Manufacturers Association urges government to
reduce GST on helmets, and support setting up of testing
facilities
Road accidents in India in addition to the loss of lives
also hurts the economy with an estimated 3.14% loss to
India’s GDP. Rajeev Kapur, President of the Two-Wheeler
Helmet Manufacturers Association and MD of Steelbird
Helmets has suggested that the government should revise
the Goods and Service Tax (GST) on helmets from the
current 18 percent to 5 percent.
This move he says is
essential, considering helmets as life-saving devices,
to make them more economically accessible for the masses
and thereby increase overall compliance with helmet
usage.
Furthermore, he has asked
that authorised institutions such as IITs, QCI, and NGOs
should establish testing facilities for helmets. The
current setup of testing laboratories for helmets in
India is insufficient to meet the requirements of the
helmet industry. This strategic step is intended to
streamline the testing process, ensuring that helmets
adhere to necessary safety standards and are readily
available in the market.
He further recommends
allocating 1% of Corporate Social Responsibility (CSR)
funds for road safety initiatives. It is proposed that
every Corporate company should be directed to spend the
funds to spread road safety awareness in schools,
colleges, nearby villages and towns. Corporates can also
undertake programs like installation of signage, rumble
strips, speed breakers etc. along with various other
essential resources and programs aimed at reducing road
accidents and associated fatalities including
distribution of helmets to the lower income group at
subsidized cost.
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