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MP Cabinet's 50% Tax Rebate to Boost Gwalior Trade Fair, Says Scindia

The Madhya Pradesh Cabinet, led by Chief Minister Mohan Yadav, has approved a 50% rebate in motor vehicle tax on automobile sales at the Gwalior Trade Fair. Union Minister Jyotiraditya Scindia thanked the CM for this decision, stating it would provide momentum to trade in the Gwalior-Chambal region. The cabinet also approved the landmark Madhya Pradesh Space Act and Tech Policy for 2026. These policies aim to foster innovation in satellite technology and are projected to attract significant investment and create thousands of jobs.

Key Points: MP Approves 50% Vehicle Tax Rebate for Gwalior Trade Fair

  • 50% motor vehicle tax rebate approved
  • Boost for Gwalior-Chambal trade
  • MP Space Act & Tech Policy introduced
  • Aims to attract Rs 1000 crore investment
  • Expected to generate 8000 jobs
2 min read

MP Cabinet's decision to provide 50 pc rebate will give impetus to Gwalior Trade Fair: Jyotiraditya Scindia

Union Minister Jyotiraditya Scindia thanks CM Mohan Yadav for a 50% motor vehicle tax rebate at the Gwalior Trade Fair to boost sales and regional economy.

"Madhya Pradesh Cabinet's decision to exempt automobiles from road tax at the world-renowned Gwalior Trade Fair is highly commendable. - Jyotiraditya Scindia"

Bhopal, Jan 13

Union Minister for Communications, Jyotiraditya Scindia, expressed his gratitude to the Madhya Pradesh Chief Minister Mohan Yadav for approving a 50 per cent rebate in motor vehicle tax on automobile sales at the Gwalior Trade Fair-2026 from the state Cabinet on Tuesday.

Soon after Chief Minister Yadav's Cabinet approved the proposal, Union Minister Scindia responded saying that the decision will give a new momentum for trade in Gwalior-Chambal region and provide direct benefits to the people.

"Madhya Pradesh Cabinet's decision to exempt automobiles from road tax at the world-renowned Gwalior Trade Fair is highly commendable. Heartiest thanks to Chief Minister (Mohan Yadav) for his visionary decision," the Union Minister said on social media platform X.

Sharing the historical journey of Gwalior Trade Fair, he also added that it was started by his father and former Union Minister late Madhavrao Scindia in 1905 with the objective of providing a platform to local traders.

"Today it has become one of Asia's largest and the world-renowned trade fairs, establishing the economic, industrial and cultural identity of the Gwalior-Chambal region," he said.

In a letter to Chief Minister Yadav on January 3, Union Minister Scindia had requested for a rebate in motor vehicle tax on automobile sales, mentioning that the decision will not only increase the sale of vehicles but it will also ensure a large amount of revenue in a short duration for the Madhya Pradesh government.

Chief Minister Yadav-led Madhya Pradesh Cabinet, on Tuesday, approved several key proposals, including a 50 per cent rebate in motor vehicle tax on automobile sales at the Gwalior Trade Fair and Ujjain Vikramotsav Trade Fair for this year.

The other major decisions includes the Madhya Pradesh Space Act, 2026, along with the Madhya Pradesh Tech Policy, 2026.

This landmark policy aims to foster innovation in satelite manufacturing, geospatial analysis, and downstream applications.

It is projected to attract Rs 1,000 crore in investments and generate around 8,000 jobs over the next five years.

- IANS

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Reader Comments

P
Priya S
While the rebate is welcome, I hope the benefits truly reach the common people. Sometimes these schemes only help the dealers and middlemen. Also, the focus on Space Act and Tech Policy is visionary! 8000 jobs is a big promise.
A
Aman W
Gwalior Trade Fair is a matter of pride for MP. My grandfather used to talk about it. Glad to see it getting such support. Scindia ji is right, this will give a huge impetus to the local economy of the Chambal region. Jai Madhya Pradesh!
S
Sarah B
Interesting policy mix. On one hand, a tax rebate for a traditional trade fair, and on the other, a forward-looking Space Act. Shows the government is trying to balance immediate economic boosts with long-term tech investment. The Rs 1000 crore investment figure is impressive if realized.
K
Karthik V
A respectful criticism: I appreciate the rebate, but what about improving the basic infrastructure to reach the fair? Better roads and public transport from nearby cities would help more people attend. The policy is good, but execution is key.
N
Nisha Z
This is great news! My brother is planning to buy a car next month. We might just wait and go to the Gwalior Fair now. The savings could be substantial. Also, kudos for remembering and crediting the late Madhavrao Scindia ji for starting it. 🙏

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