Prime Minister Narendra Modi launch the National Automobile Scrappage Policy. PM said that it will promote a circular economy and make the process of economic development more sustainable and environment-friendly.
Addressing the ‘Investors Summit’ in Gujarat Prime Minister said that the policy is aim at recycling old and unfit vehicles which will give a new identity to India’s mobility and auto sector.
PM Said :
“We are promoting a circular economy. The aim is to make the process of development sustainable and environment-friendly. Apart from reducing pollution, this policy will also make India self-reliant in automobile and metal sectors and also prove beneficial for the common man,” .
WATCH FULL SPEECH OF PM WHILE LAUNCHING NATIONAL VEHICLE SCRAPPAGE POLICY :
What is Vehicle Scrappage Policy?
The policy which was first presented at the Union Budget 2021 by Finance minister Nirmala Sitharaman, aims at “phasing out unfit and polluting vehicles” in a safe manner.
Vehicle Scrappage Policy intends to create scrapping infrastructure in the form of Automated Testing Stations and Registered Vehicle Scrapping Facilities across the country.
Guidelines for scrapping vehicles under this policy?
Union Minister Nitin Gadkari said that commercial vehicles over 15 years and personal vehicles over 20 years will be “seized” by the government and “destroyed” if they fail to pass the test.
Commercial vehicles will be tested from April 2023 while other category vehicles would be tested in a “phased manner” from June 2024.
It must be mention here that vintage vehicles have been exempt from this policy.
Fitness test under Vehicle Scrapping Policy?
Fitness test which will be conducted at automated fitness centres aims at determining the roadworthiness of the vehicle to check whether it is harming the environment or not.
This would also include a brake test and engine performance test to check the quality of your vehicle.
Benefits for scrapping my vehicle?
A rebate of 25% would be given to you for scrapping vehicles and while the registration fees would be exempt.
The manufactures will also be ask to give a 5% discount to buyers against a scrapping certificate.
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