Vehicle scrappage policy News

No scrappage policy for tractors, the Ministry of Road Transport & Highways affirm. The non-transport vehicles can be registered again after 15 years, it clarifies.

The government’s new Vehicle Scrappage Policy has laid down comprehensive guidelines about how old vehicles in the country will be scrapped or discarded. Under this new policy, government and commercial vehicles older than 15 years and private vehicles older than 20 years will be scrapped or destroyed. 

75 years ago, India got independence from the British. But it was not easy to achieve this independence as the British had ruled India for 190 years before exiting the country. A handful of British were able to enslave such a large and thousands of years old civilization as they succeeded in attacking and destroying the education system of the country soon after they arrived here. 

Prime Minister Narendra Modi on Friday launched a National Automobile Scrappage Policy, with an emphasis on creating a circular economy. The PM said that the introduction of a vehicle scrapping policy is likely to attract investment of Rs 10,000 crore to Gujarat.

The National Automobile Scrappage Policy has made it mandatory for all private and commercial vehicles to undergo ‘fitness tests’. Government-certified fitness centres have been given the responsibility to conduct the fitness tests of the vehicles. Customers possessing a scrapping certificate can also avail a road tax rebate of up to 25% on the purchase of new personal vehicles.

Mahindra Vehicle by scrapping/exchanging. Old vehicle which is more than 15 years. Service at any Mahindra dealership.

Union minister for road transport and highways Nitin Gadkari on Thursday announced the details for the country’s long-awaited vehicle scrapping policy in Parliament

DNA explains in simple language what is this new vehicle scrappage policy. Its importance and how it will effect the people of India.

The Ministry has published draft rules and will seek suggestions from stakeholders for 30 days before notifying them. The move is seen to be in line with the government's recently announced Scrappage Policy, which aims to take old and higher polluting vehicles off the road for environmental protection. There are more than 10 million old and polluting vehicles in India and this move is expected to get rid of old police vans, postal vans, state transport buses, and ambulances to name a few.

Car owners will be asked to scrap vehicles older than 15 years and purchase new ones instead. The government provides financial or tax-based benefits to consumers on the purchase of new vehicles. This scrappage policy is beneficial in reducing air pollution by removing older and more polluting vehicles from the roads.

FM read out Budget speech on a red ‘Make in India’ tab. Budget went paperless this time. Budget session will be held in two phases Jan 29 to Feb 15 and March 8 to April 8.