PM Modi launches National Automobile Scrappage Policy: All you need to know
3 years, 4 months ago

PM Modi launches National Automobile Scrappage Policy: All you need to know

Hindustan Times  

Prime Minister Narendra Modi on Friday launched the long-awaited National Automobile Scrappage Policy, describing it as a “significant step towards Aatmabirbhar Bharat.” The policy, which PM Modi launched while virtually addressing the Investor Summit in Gujarat, was announced by Union finance minister Nirmala Sitharaman in her Budget speech in February. Representative Image Here’s all you need to know about the policy: The policy recommends “fitness tests” for private and commercial vehicles that are more than 20 and 15 years old respectively. Additionally, a road tax rebate of up to 25% for new personal vehicles, and 15% for new commercial vehicles, as well as a 5% discount against the scrapping certificate, have also been proposed under the policy. The policy will bring investments worth more than ₹10,000 crore and create up to 50,000 jobs, Union transport minister Nitin Gadkari had said while announcing details of the policy, in March.

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History of this topic

Explained | Voluntary Vehicle Fleet Modernisation Programme
3 years, 4 months ago

Explained | Voluntary Vehicle Fleet Modernisation Programme

The Hindu  

The story so far:Prime Minister Narendra Modi recently launched the Voluntary Vehicle Fleet Modernisation Programme to encourage the scrapping of old vehicles. In addition, owners will also be eligible to receive various discounts and tax rebates when they purchase new vehicles after selling their old ones. According to the Federation of Automobile Dealers Association of India, about 52 lakh cars …

Amitabh Kant Writes: Vehicle Scrappage Policy a Groundbreaking Step towards Cleaner Mobility
3 years, 4 months ago

Amitabh Kant Writes: Vehicle Scrappage Policy a Groundbreaking Step towards Cleaner Mobility

News 18  

The newly announced Vehicle Scrappage Policy is a gamechanger in India’s fight against air pollution and transition towards cleaner mobility. The new Vehicle Scrappage Policy envisages a mechanism to retire such End-of-Life Vehicles that are no longer fit to be driven on roads and are polluting, unsafe and have lower fuel efficiency. FAQ | Vehicle Scrappage Policy Launched in India: …

National Automobile Scrappage Policy Launched By PM Narendra Modi: Key Takeaways
3 years, 4 months ago

National Automobile Scrappage Policy Launched By PM Narendra Modi: Key Takeaways

Live Law  

Addressing the Investor Summit in Gujarat via video conferencing facility, Prime Minister Narendra Modi today launched Voluntary Vehicle-Fleet Modernization Program or the National Automobile Scrappage Policy. Rules for fitness tests and scrapping centres to be applicable from October 1, 2021, while scrapping of government and PSU vehicles which are older than 15 years to come into effect from April 1, …

Narendra Modi launches Vehicle Scrappage Policy, here's what will change for old automobiles
3 years, 4 months ago

Narendra Modi launches Vehicle Scrappage Policy, here's what will change for old automobiles

Firstpost  

The objectives of the policy are to reduce the population of old and defective vehicles, achieve a reduction in vehicular air pollutants to fulfill India’s climate commitments, improve road safety among others Prime Minister Narendra Modi launched the Vehicle Scrappage Policy on Friday calling it “a significant milestone in India’s development journey”. The objectives of the policy are to reduce …

PM introduces policy aimed at phasing out old and unfit vehicles
3 years, 4 months ago

PM introduces policy aimed at phasing out old and unfit vehicles

The Hindu  

With an emphasis on creating a circular economy, Prime Minister Narendra Modi on Friday launched a National Automobile Scrappage Policy. He said the introduction of a vehicle scrappage policy would likely to attract an investment worth ₹10,000 crore in Gujarat. ‘Alang could become hub’ Asia’s largest ship recycling and scrapping yard Alang in Gujarat could become a hub for old …

PM Modi launches vehicle scrappage policy | All you need to know
3 years, 4 months ago

PM Modi launches vehicle scrappage policy | All you need to know

India TV News  

Prime Minister Narendra Modi on Friday launched the national vehicle scrappage policy, adding it will help phase out unfit and polluting vehicles. The Investors Summit is being organized to invite investment for setting up vehicle scrapping infrastructure under the Voluntary Vehicle-Fleet Modernization Program or the Vehicle Scrapping Policy, said Prime Minister's Office in a statement. Rebate on new vehicles Union …

PM Modi Launches Vehicle Scrappage Policy, Invites Start-Ups To Join Programme
3 years, 4 months ago

PM Modi Launches Vehicle Scrappage Policy, Invites Start-Ups To Join Programme

ABP News  

New Delhi: Prime Minister Narendra Modi launched vehicle scrappage policy and said that the policy is a significant milestone in India's development journey. In these 25 years, changes are going to take place in our way of working, in our daily lives, in our businesses," PM Modi said. So, on one hand, India is looking for new possibilities through Deep …

‘Significant milestone towards Aatmanirbhar Bharat’: PM Modi launches National Automobile Scrappage Policy
3 years, 4 months ago

‘Significant milestone towards Aatmanirbhar Bharat’: PM Modi launches National Automobile Scrappage Policy

Hindustan Times  

Prime Minister Narendra Modi on Friday virtually addressed the Investor Summit in Gujarat, launching the National Automobile Scrappage Policy on the occasion. The scrappage policy, he said, is a “significant milestone” towards Aatmanirbhar Bharat. PM Modi launches National Vehicle Scrappage Policy “The scrappage policy will provide a new identity to the country's auto sector. “In two days, we will celebrate …

Vehicle Scrappage Policy Launched in India: Scrapping Benefits and Rules Explained - News18
3 years, 4 months ago

Vehicle Scrappage Policy Launched in India: Scrapping Benefits and Rules Explained - News18

News 18  

Prime Minister Narendra Modi launched the much awaited Vehicle Scrappage Policy in India today at the Gujarat Investor Summit. Soon after, Union Minister for Road, Transport and Highways Nitin Gadkari revealed the details of the policy at a Lok Sabha session and notified the new vehicle scrappage policy. While the new scrappage policy is voluntary, it would require mandatory fitness …

PM Narendra Modi Launches Vehicle Scrappage Policy in India, to Begin from 2023
3 years, 4 months ago

PM Narendra Modi Launches Vehicle Scrappage Policy in India, to Begin from 2023

News 18  

PM Narendra Modi has launched the much awaited vehicle scrappage policy in India today. In a tweet today, Narendra Modi mentioned – “The launch of Vehicle Scrappage Policy today is a significant milestone in India’s development journey. On the other hand, the vehicle scrappage policy is likely to give a major boost to the metal recycling business, said Grant Thornton …

PM Modi launches Vehicle Scrappage Policy at Investor Summit in Gujarat
3 years, 4 months ago

PM Modi launches Vehicle Scrappage Policy at Investor Summit in Gujarat

India TV News  

Prime Minister Narendra Modi on Friday said that the Voluntary Vehicle-Fleet Modernization Program or the Vehicle Scrapping Policy will help phase out unfit and polluting vehicles in an environment-friendly manner. Addressing the Investor Summit in Gujarat via video conference, he said that the Vehicle Scrappage Policy will play a key role in the 'Waste to Wealth' programme. He said that …

PM Modi to address Investor Summit in Gujarat today. Here's what to expect
3 years, 4 months ago

PM Modi to address Investor Summit in Gujarat today. Here's what to expect

Hindustan Times  

Prime Minister Narendra Modi will virtually address the Investor Summit in Gujarat at 11am on Friday, August 13, according to a press release issued by the Prime Minister's Office earlier this week. The summit is being jointly organised by the Union ministry of road transport and highways and the state government to attract investment opportunities in setting up vehicle scrapping …

PM Narendra Modi launches national vehicle scrappage policy
3 years, 4 months ago

PM Narendra Modi launches national vehicle scrappage policy

India Today  

At the Investor Summit in Gujarat, Prime Minister Narendra Modi launched the national vehicle scrappage policy, adding it will help phase out unfit and polluting vehicles. The vehicle scrappage policy will bring in investments of around Rs 10,000 crore in the country, which will help phase out unfit and polluting vehicles in an environment-friendly manner. The announcement comes in weeks …

Vehicles Scrappage Policy launched: All rules and benefits explained in 6 points
3 years, 4 months ago

Vehicles Scrappage Policy launched: All rules and benefits explained in 6 points

India Today  

Prime Minister Narendra Modi launched the Vehicle Scrappage Policy while virtually addressing the Gujarat Investor Summit on Friday. The scrappage policy will come into effect immediately after the registration period of a vehicle is over; it would then have to undergo a mandatory fitness test. The objective of the Vehicle Scrappage Policy is simply to phase out and recycle old …

Unfit, polluting vehicles will now be phased out: PM Modi while launching vehicle scrappage policy
3 years, 4 months ago

Unfit, polluting vehicles will now be phased out: PM Modi while launching vehicle scrappage policy

India Today  

Prime Minister Narendra Modi launched the much-awaited vehicle scrappage policy while virtually addressing the Investor Summit in Gujarat on Friday. In a video address, PM Modi said the vehicle scrappage policy will help phase out unfit and polluting vehicles in an environment-friendly manner. — Narendra Modi August 13, 2021 In another tweet, PM Modi said the vehicle scrappage policy will …

PM Modi to Virtually Witness MoU for First Vehicle Scrapping Facility in Bhavnagar
3 years, 4 months ago

PM Modi to Virtually Witness MoU for First Vehicle Scrapping Facility in Bhavnagar

News 18  

A Memorandum of Understanding for setting up a dedicated vehicle scrapping facility in Bhavnagar is expected to be signed at a formal event on August 13, where Prime Minister Narendra Modi will remain virtually present. The event will see Government of India’s vehicle scrapping policy being presented before 200-300 automobile dealers and investors who have been invited from across the …

Vehicle Scrappage Policy Decoded, Benefits for Car Owners and More: Explained - News18
3 years, 8 months ago

Vehicle Scrappage Policy Decoded, Benefits for Car Owners and More: Explained - News18

News 18  

In a recent move, Mahindra Auto has become first company to roll-out its comprehensive end-to-end Scrapping solution for new car buyers. The scrappage policy, notified by Union Minister for Road, Transport and Highways Nitin Gadkari in a recent Lok Sabha session is a voluntary scheme that defines the end-of-cycle of a vehicle. If the vehicle is not given for scrappage, …

Government Ready With 7 Fitness Centres Under New Vehicle Scrappage Policy, Check Names Here
3 years, 8 months ago

Government Ready With 7 Fitness Centres Under New Vehicle Scrappage Policy, Check Names Here

News 18  

The Union Road Transport and Highways ministry, as part of its plan to set-up 75 vehicle fitness centres across the country by March 2023, is considering rolling out new vehicle scrappage policy to phase out old polluting vehicles in a phased manner. Under the new policy, the road ministry along with state governments has set up fitness centres in seven …

Vehicle Scrappage Policy Decoded, Financial Implication for Car Owners and More: Explained - News18
3 years, 9 months ago

Vehicle Scrappage Policy Decoded, Financial Implication for Car Owners and More: Explained - News18

News 18  

In the recently present Union Budget 2021, Finance minister Nirmala Sitharaman announced the much-awaited “Vehicle Scrappage Policy". Soon after, Union Minister for Road, Transport and Highways Nitin Gadkari revealed the details in a recent Lok Sabha session and notified the new vehicle scrappage policy mentioning that the full roll-out of the policy will take place in the next 15 days. …

UP has over 20% of India’s old vehicles
3 years, 9 months ago

UP has over 20% of India’s old vehicles

Hindustan Times  

More than 20% of India’s total old vehicles that may qualify for the Centre’s newly unveiled scrappage policy are in Uttar Pradesh alone, people dealing with the issue in the transport department here revealed. HT Image The policy seeks to offer incentives to people who opt to get their personal/private vehicles older than 20 years or commercial vehicles older than …

Scrappage policy details revealed, incentives for scrapping old vehicles outlined
3 years, 9 months ago

Scrappage policy details revealed, incentives for scrapping old vehicles outlined

Firstpost  

The Central Government has announced some of the finer points of the vehicle scrappage policy, as detailed by Union Minister for Road, Transport and Highways Nitin Gadkari. Importantly, the scrappage policy will be voluntary, and owners of commercial vehicles over 15 years of age, and private vehicles over 20 years of age can choose to continue to run their vehicles …

Government's Scrappage Policy Likely to Put Truck Owner-Drivers Out of Business: Industry Experts
3 years, 9 months ago

Government's Scrappage Policy Likely to Put Truck Owner-Drivers Out of Business: Industry Experts

News 18  

The vehicle scrappage policy announced by the Central government on Thursday will make a large number of drive-cum-owner truck operators go out of business, say industry players. As a disincentive measure, increased fees for fitness certificate and fitness test may be applicable for commercial vehicles 15 year onwards from the date of initial registration. The government also proposed that all …

Vehicles Scrappage Policy: India Inc, Industry Welcomes Govt's Act to Decommission Old Cars
3 years, 9 months ago

Vehicles Scrappage Policy: India Inc, Industry Welcomes Govt's Act to Decommission Old Cars

News 18  

India Inc on Thursday welcomed the Centre’s automobile Scrappage Policy. “We are optimistic and look forward to seeing how various provisions of this policy encourage consumers to voluntarily come forward and scrap their old and unfit vehicles," a Tata Motors spokesperson said. “Scrappage value of vehicle in range of 4-6 per cent of the ex-showroom price, rebate of up to …

Nitin Gadkari claims scrappage policy will increase auto industry's turnover by Rs 10 lakh crore
3 years, 9 months ago

Nitin Gadkari claims scrappage policy will increase auto industry's turnover by Rs 10 lakh crore

Firstpost  

New Delhi: Union minister Nitin Gadkari on Thursday said the vehicle scrapping policy will be a “win-win” policy that will help improve fuel efficiency and reduce pollution. Making a statement regarding the vehicle scrapping policy in the Lok Sabha, the Road Transport, Highways and MSMEs Minister said the policy will also lead to an increase in the country’s automobile industry …

Vehicle scrapping policy announced: Will your old car be scrapped? All you need to know
3 years, 9 months ago

Vehicle scrapping policy announced: Will your old car be scrapped? All you need to know

India TV News  

The much awaited vehicle scrapping policy was announced by Union minister Nitin Gadkari in Lok Sabha on Thursday. Rebate on new vehicles Gadkari said he has asked automobile companies to offer five per cent rebate to those buying a new vehicle after producing a scrapping certificate. Fitness test for vehicles must Announced in the Union Budget 2021-22, the policy provides …

Scrappage Policy: Vehicle Failing Fitness Test After 20 Years to Be Declared 'An-End-of-Life'
3 years, 9 months ago

Scrappage Policy: Vehicle Failing Fitness Test After 20 Years to Be Declared 'An-End-of-Life'

News 18  

The much awaited Scrappage Policy has been discussed today in Lok Sabha. There is also good news for consumers who are going to junk their old vehicles and buy a new one under the Vehicle Scrapping Policy as automakers will give about 5 per cent rebate on the new purchase, Union minister Nitin Gadkari has said. The voluntary vehicle scrapping …

Understanding the Vehicle Scrappage Policy, Cost Implication for Car Owners: Explained - News18
3 years, 10 months ago

Understanding the Vehicle Scrappage Policy, Cost Implication for Car Owners: Explained - News18

News 18  

In the recently present Union Budget 2021, Finance minister Nirmala Sitharaman announced the much-awaited “Vehicle Scrappage Policy". Soon after, Union Minister for Road, Transport and Highways Nitin Gadkari made an announced stating that the new vehicle scrappage policy would be notified in the next 15 days. While the new scrappage policy is voluntary, it would require mandatory fitness tests for …

Voluntary Scrapping Policy Can Generate Additional 5 Lakh Vehicle Sales When Implemented
3 years, 10 months ago

Voluntary Scrapping Policy Can Generate Additional 5 Lakh Vehicle Sales When Implemented

News 18  

The Union Minister for Road Transport and Highways Nitin Gadkari today said that the Ministry of Road Transport and Highways will be declaring the Scrappage Policy in 15 days. His announcement came after Finance Minister Nirmala Sitharaman’s budget 2021 speech where she announced the Voluntary scrapping policy. Federation of Automobile Dealers Associations, the apex body representing automobile dealers across India …

Union Budget 2021: Voluntary Scrapping Policy Announced, Fitness Test After 20 Yrs for PVs
3 years, 10 months ago

Union Budget 2021: Voluntary Scrapping Policy Announced, Fitness Test After 20 Yrs for PVs

News 18  

Finance Minister of India Nirmala Sitharaman has announced the Voluntary scrapping policy while giving her Budget 2021 speech. The scrapping scheme will be based on the mandatory fitness test of vehicles which will undergo fitness test in automated fitness centres. Further, in a draft notification, the government proposed renewal of fitness certificates for vehicles older than 15 years every six …

Cabinet Note on Scrappage Policy Ready and Sent for Further Consultations With Stakeholders
4 years, 3 months ago

Cabinet Note on Scrappage Policy Ready and Sent for Further Consultations With Stakeholders

News 18  

The much-awaited vehicle scrappage policy may soon be a reality as a Cabinet note on the issue is ready and sent for further consultations with the stakeholders on PMO directions. “The Ministry of Road Transport and Highways has formulated a note for the Cabinet on creation of an ecosystem for voluntary and environment-friendly phasing out of unfit and old polluting …

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