Vehicle Scrappage Policy Current Affairs, GK & News

National Vehicle Scrappage Policy launched

Prime Minister Narendra Modi launched the National Vehicle Scrappage Policy on August 13, 2021. Key Points The National Vehicle Scrappage Policy is also dubbed as “voluntary vehicle-fleet modernisation programme”. This programme aims to modernise India’s “vehicular population”. It also seeks to remove unfit vehicles from roads in an environment-friendly and scientific manner. It is in ..

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New Vehicle Scrapping Policy- Highlights

The Union Minister of Road Transport and Highways, Nitin Gadkari, has introduced the Vehicle Scrapping Policy on March 18, 2021 in the Lok Sabha which will come into effect from April 1, 2021. It was first announced by Finance minister Nirmala Sitharaman in her Union Budget Speech 2021-2022 on February 1, 2021. Highlights The Union Minister for ..

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Budget 2021: Voluntary Vehicle Scrappage Policy proposed

The Finance minister of India, Nirmala Sitharaman, have proposed for the “Voluntary Vehicle Scrappage Policy”. This proposal was made during the presentation of the Union Budget for Financial Year 2022. The voluntary vehicle scrappage policy will help to scrap out the unfit and pollution-causing vehicles. Highlights The new policy will help in encouraging the fuel-efficient and environment-friendly ..

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GoI to regulate Vintage Vehicles with new policy

The Ministry of Road Transport and Highways has issued a draft notification on December 15, 2019, to regulate the registration of old vintage vehicles. The ministry has planned to provide a special number plate with letters VA to signify the vintage vehicles. Highlights The Ministry has launched Regulation of vintage motor vehicles order, 2019 in ..

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NITI Aayog’s concerns on Vehicle Scrappage Policy

The Ministry of Road and Transport Highways recently released Draft Guidelines for Vehicle Scrapping Facility. The guidelines include land requirements, scrapping procedures, criteria for scrapping of vehicles. It applies to all automobile collection centers, vehicle owners, required audits and finances. The federal policy think tank on November 21, 2019, raised concerns on implementation of the ..

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