M&M inks pact with MMRPL to offer customers end-to-end solution for vehicle scrapping
MUMBAI, Apr 7: Mahindra & Mahindra (M&M) Ltd on Wednesday said it has inked an initial pact with its automotive and steel recycling JV MMRPL to offer its customers an end-to-end solution for vehicle scrapping.
The move comes in the wake of the government last month proposing a policy for vehicle scrapping, under which vehicles that fail fitness tests or are unable to renew registration after 15-20 years of use will be deregistered.
Mahindra MSTC Recycling Private Limited (MMRPL), which is in the business of acquiring used/end of life vehicles to dismantle and scrap them, is a joint venture between Mahindra Intertrade Ltd and MSTC Ltd, a government of India enterprise.
0 Comments The Ministry of Road Transport and Highways (MoRTH) has issued a draft notification to disallow re-registration of government vehicles older than 15 years. The Ministry has invited suggestions or objections to its proposal for the next 30 days, and if it is able to sail smoothly, the rule is proposed to become effective from April 1, 2022.
If approved, the rule will come into effect from April 1, 2022
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Scrappage policy for government vehicles has been approved in January As per the proposal, all vehicles belonging to the Central and State governments, Union Territories, local government institutions, PSUs, STUs, and other autonomous bodies with the Central and State governments, have been put under the ambit of this new proposed amendment to the Central Motor Vehicle Rules (1989).
According to the proposal, all vehicles belonging to the Central and State governments, Union Territories, local government institutions, PSUs, STUs, and other autonomous bodies with the Central and State governments, have been put under the ambit of this new proposed amendment to the Central Motor Vehicle Rules (1989).
Updated Mar 13, 2021 | 16:36 IST
The draft notification claims the certificate of registration shall not be renewed after the lapse of 15 years for government vehicles Registration renewal for 15-year old govt vehicles may stop from April 22 | Photo Credit: BCCL
New Delhi: The Road Transport and Highways ministry has invited comments on draft notification that says government vehicles of over 15 years including buses owned by state transport undertakings cannot be registered after April 1, 2022.
The ministry is looking for comments of stakeholders in order to review the new rules and make amendments. The transport ministry has issued the notification in this regard. The notification was issued on 12 March. Comments and suggestions are required to be filed within 30 days of the issuance of the notification.
Scrappage Policy update: More details revealed indiatoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatoday.in Daily Mail and Mail on Sunday newspapers.