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Vehicle Scrappage Policy announced; benefits and clauses explained

Vehicle Scrappage Policy announced; benefits and clauses explained
autocarindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from autocarindia.com Daily Mail and Mail on Sunday newspapers.

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DNA exclusive: If only a scrappage policy could change the mindset of Indians which they imbibed from the British, Mughals

DNA exclusive: If only a scrappage policy could change the mindset of Indians which they imbibed from the British, Mughals
india.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from india.com Daily Mail and Mail on Sunday newspapers.

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India's vehicle scrappage policy: What it means for car owners and buyers?

The finer points of
India’s vehicle scrappage policy are steadily unravelling and there’s a host of measures drawn up to incentivise you to scrap your old car, as well as disincentives if you choose to keep your older vehicle. Here’s the low-down on how it all plays out for you – a car buyer and owner.
IT’S VOLUNTARY
The first thing to note is that the entire policy is voluntary and a car over 20 years old does not automatically get scrapped. This makes sense as there exist a lot of classic and vintage cars in India in excellent shape, and these need to be preserved. Newer cars also need to be preserved as they too are a part of our history. Furthermore, retirees will argue that their 800s, Altos and Santros are in great shape and at this stage in life there would be reluctance and perhaps even financial concerns in buying a new vehicle. Thus, older cars can be kept on the road, but they would have to undergo a mandatory fitness test and would also attract ....

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