Madhya Pradesh Cabinet Approves Tax Exemption for Automobile Purchases at Gwalior Trade Fair
In a significant move, the Madhya Pradesh Cabinet, under Chief Minister Dr. Mohan Yadav, has approved a tax exemption on road taxes for automobile purchases at the Gwalior Trade Fair. This decision, prompted by Union Minister Jyotiraditya Scindia's request, aims to bolster local trade and industry in the Gwalior-Chambal region. The Gwalior Trade Fair, established in 1905, has become one of Asia's largest trade fairs, serving as a vital platform for local businesses. Scindia expressed his appreciation for the decision, highlighting its potential to enhance economic growth and public welfare in the area.
| Jan 13, 2026, 19:55 IST
Significant Decision by the Madhya Pradesh Cabinet
Bhopal/Gwalior. In a recent cabinet meeting led by Chief Minister Dr. Mohan Yadav, a pivotal decision was made to grant a tax exemption on road taxes for automobile purchases during the renowned and historic Gwalior Trade Fair. This initiative follows a request made by Union Minister Jyotiraditya Scindia, who wrote to the Chief Minister on December 3, advocating for this exemption, which was subsequently approved in the cabinet meeting today.
A Boost for Local Trade and Industry
This decision is viewed as a significant relief for businesses, industries, and consumers in the Gwalior-Chambal region. Scindia emphasized the historical significance of the Gwalior Trade Fair, its economic importance, and its role in regional development, advocating for special incentives for the automobile sector. The cabinet's approval reflects a commitment to public welfare.
Gwalior Trade Fair: A Symbol of Heritage and Growth
The Gwalior Trade Fair was inaugurated in 1905 by Maharaja Madhav Rao Scindia. Over its century-long journey, it has evolved into one of Asia's largest and most prestigious trade fairs, providing a robust platform for local artisans, traders, and industries.
Acknowledgment from Union Minister
Union Minister Jyotiraditya Scindia expressed gratitude towards Chief Minister Dr. Mohan Yadav for this decision, stating on social media that this initiative will significantly enhance economic development, trade expansion, and public welfare in the Gwalior-Chambal region.