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Vehicle Scrappage Policy - Views of Dr. Ravi Prakash, President, FHVI
Bob Rupani Updated: February 22, 2021, 10:00 AM IST
The soon to be introduced scrappage or scrapping policy has put a question mark on the future of historical and classic vehicles in India. Our Consulting Editor Bob Rupani, spoke with Dr. Ravi Prakash, President FHVI (Federation of Historic Vehicles of India) to try and understand the possible future scenario and solutions.
Bob Rupani - The government of India will soon be introducing a Scrappage Policy . Do you think it will actually help reduce pollution and improve our overall air quality?
Ravi Prakash - Yes the Scrappage Policy is required in this country, primarily to manage the older commercial and government vehicles which have been overused and maintained very poorly, resulting in their high emissions contributing to the depleting air
Scrappage policy will lead to new investment of Rs 10,000 crore, create 50,000 jobs: Nitin Gadkari
Scrappage policy will lead to new investment of Rs 10,000 crore, create 50,000 jobs: Nitin Gadkari
Union Road Transport and Highways Minister Nitin Gadkari said that the details of the scrappage policy will be declared within 15 days.
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UPDATED: February 1, 2021 19:30 IST
The voluntary vehicle scrappage policy has been welcomed by everyone associated with the automotive industry. (Image - gettyimages)
HIGHLIGHTS
The scrappage policy would lead to old, unsafe and unfit vehicles being phased out.
It will also help in reducing air pollution and oil imports as the new vehicles are far more fuel-efficient.