India s Auto Component Manufacturing Industry: Investment Brief india-briefing.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from india-briefing.com Daily Mail and Mail on Sunday newspapers.
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.
Haryana is all set to introduce a five-year vehicle scrappage policy that has been formulated in sync with the Voluntary Vehicle Fleet Modernization Programme of the government of India to encourage the scrapping of vehicles that have attained .
Drive cleaner, live longer - Sentinelassam sentinelassam.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sentinelassam.com Daily Mail and Mail on Sunday newspapers.
Details here.
New Delhi: In what could give a further boost to the automobile industry, the finance ministry may make announce Scrappage policy in the upcoming Union Budget, sources told Zee Media.
What is scrappage policy and how it benefits you
The Scrappage policy, if announced during the Union Budget 2021 and eventually implemented would mean that old vehicles plying on the roads will be phased out. Such vehicles that are major contributor of environment pollution are the ones that will be targeted under Scrappage policy. Usually old vehicles that have had their run for between 15-20 years are likely to be considered.