ABP Budget Conclave | Vehicle Scrappage Policy Will Make India No.1 Automobile Hub In World: Nitin Gadkari
4 years, 1 month ago

ABP Budget Conclave | Vehicle Scrappage Policy Will Make India No.1 Automobile Hub In World: Nitin Gadkari

ABP News  

Union Minister for Road Transport, Highways, and MSMEs Nitin Gadkari on Tuesday hailed Prime Minister Narendra Modi and Union Finance Minister Nirmala Sitharaman for presenting a "revolutionary and historical" Budget. Speaking exclusively in ABP News' Jan Man Dhan Budget Conclave, the union minister said the budget is set to generate growth, employment and liquidity in the market, which will in turn help in riving the Covid-hit economy. Talking about the auto mobile industry, the union minister said that its total turnover is four and a half lakh crores, and generates highest employment in our country. With this new policy, we will become the number one automobile manufacturing hub in the world," Nitin Gadkari added.

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History of this topic

Gadkari announces over ₹12cr investment for Delhi ahead of polls
2 months, 2 weeks ago

Gadkari announces over ₹12cr investment for Delhi ahead of polls

Hindustan Times  

New Delhi: Nitin Gadkari, union minister for road transport and highways, on Thursday announced road projects worth ₹12,500 crore to address pollution and traffic congestion in national capital. Seven lawmakers from Delhi met Gadkari on Wednesday to seek Centre’s approval for projects ) Gadkari made the announcement a day after seven lawmakers from Delhi met him, seeking the Centre’s approval …

AP awaits ₹150 crore central aid to scrap old vehicles
2 years, 1 month ago

AP awaits ₹150 crore central aid to scrap old vehicles

Deccan Chronicle  

Vijayawada: Andhra Pradesh government is eagerly awaiting central financial assistance of nearly ₹150 crore to go ahead with scrapping of old and polluting vehicles in the state. Union finance minister Nirmala Sitharaman, presenting the Union Budget 2023–24 in the Lok Sabha in New Delhi on Wednesday, said replacing old polluting vehicles is an important part of greening the country’s economy. …

15-year-old government vehicles will be scrapped: Nitin Gadkari
2 years, 3 months ago

15-year-old government vehicles will be scrapped: Nitin Gadkari

India TV News  

Scrapping of govt vehicles: Union minister Nitin Gadkari today said all vehicles belonging to the Indian government that have completed 15 years will be scrapped, and a policy to that effect has been sent to states. "Yesterday, I signed a file under the guidance of Prime Minister Narendra Modi that all the vehicles of the Indian government which have completed …

Gadkari inaugurates 8 National Highway projects in Jabalpur, MP
2 years, 4 months ago

Gadkari inaugurates 8 National Highway projects in Jabalpur, MP

Live Mint  

New Delhi: Union Minister for Road, Transport and Highways, Nitin Gadkari on Monday inaugurated and laid the foundation stone of eight National Highway Projects in Jabalpur, Madhya Pradesh. 4,054 crores,” said the Ministry of Road, Transport and Highways in a press release Addressing the occasion, the minister said that 53 km from Hiran River to Singur river and 12 km …

India TV Samvaad: By 2024, Indian road infrastructure will be comparable to that of US, says Nitin Gadkari
2 years, 9 months ago

India TV Samvaad: By 2024, Indian road infrastructure will be comparable to that of US, says Nitin Gadkari

India TV News  

India TV Samvaad: By 2024, Indian road infrastructure will be comparable to that of US, says Nitin Gadkari On General Motors and Ford winding up operations in India, Union Transport Minister Nitin Gadkari pointed out that Indian auto companies are now on the rise. Highlights Gadkari said that India's infrastructure will be comparable to USA by 2024 He said this …

Union Budget 2022: How the automotive world responded
3 years, 1 month ago

Union Budget 2022: How the automotive world responded

Live Mint  

Martin Schwenk, MD and CEO, Mercedes-Benz India {{^adFree}} {{/adFree}} This Budget is overall growth oriented with a clear focus on digitization, electrification, infrastructure development and ease of doing business; aiming to propel a long-term growth of the Indian economy. {{^adFree}} {{/adFree}} The government’s focus on Battery Swapping policy to be brought with inter-operability standards and push for clean tech and …

India will become hub for automobile manufacturing in next 5 years: Nitin Gadkari
3 years, 7 months ago

India will become hub for automobile manufacturing in next 5 years: Nitin Gadkari

India TV News  

Minister of Road Transport and Highways Nitin Gadkari on Tuesday expressed hope that India will become a hub for automobile manufacturing in the next five years. As we are working on technologies involving ethanol, methanol, bio-diesel, Compressed Natural Gas, Liquefied natural gas, electric and green hydrogen, I believe that India will become a hub for automobile manufacturing in next five …

PM Modi unveils scrappage policy for automobiles
3 years, 7 months ago

PM Modi unveils scrappage policy for automobiles

Deccan Chronicle  

New Delhi: Prime Minister Narendra Modi on Friday launched the automobile scrappage policy to promote a circular economy and make the process of economic development more sustainable and environment-friendly. Union minister for road transport & highways Nitin Gadkari said the scrappage policy would likely lead to a cut in raw material costs by around 40 per cent and help India …

National Automobile Scrappage Policy Launched By PM Narendra Modi: Key Takeaways
3 years, 7 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, …

Explained: National Automobile Scrappage Policy and what it means for vehicle owners in India
3 years, 7 months ago

Explained: National Automobile Scrappage Policy and what it means for vehicle owners in India

Firstpost  

In the making since 2015, India’s National Automobile Scrappage Policy was formally announced today, 13 August, 2021. At the Investor Summit in Gandhinagar, Gujarat, the national vehicle scrappage policy was announced by India’s Prime Minister Narendra Modi, in the presence of Nitin Gadkari, Minister of Road Transport and Highways, and Gujarat Chief Minister Vijay Rupani. During the presentation, Gadkari mentioned …

Here's How Vehicle Scrappage Policy Can Help India's Economy and Automotive Sector
3 years, 7 months ago

Here's How Vehicle Scrappage Policy Can Help India's Economy and Automotive Sector

News 18  

PM Narendra Modi today launched the much awaited vehicle scrappage policy in India today. Sale of New Vehicles The vehicle scrapping policy is not only expected to reduce environmental pollution and improve road safety by getting end of life and unfit vehicles off the road but also encourage sale of new vehicles through financial incentives in the form of vehicle …

PM introduces policy aimed at phasing out old and unfit vehicles
3 years, 7 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, 7 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, 7 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, 7 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, 7 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, 7 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, 7 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, 7 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, 7 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, 7 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, 7 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 …

Government Targeting Road Construction Worth Rs 15 lakh Crore in Next 2 Years
3 years, 10 months ago

Government Targeting Road Construction Worth Rs 15 lakh Crore in Next 2 Years

News 18  

The Centre is giving utmost priority to the development of infrastructure and has set a target of road construction worth Rs 15 lakh crore in the next two years. The Minister was confident that his ministry will achieve target of 40 kilometres per day of highways construction in current fiscal, saying “the government is permitting 100 per FDI in road …

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

Domestic Auto Industry Must Adopt Make-in-India, Manufacture Components at Reasonable Price: Gadkari
4 years ago

Domestic Auto Industry Must Adopt Make-in-India, Manufacture Components at Reasonable Price: Gadkari

News 18  

Union Minister Nitin Gadkari called for the domestic automobile industry to adopt Make in India, asserting that there should be no import of auto components, and all the components should be made in the country at a reasonable price. Speaking at an event, the minister for MSME and Road Transport and Highways said “by accepting new technologies, we are going …

Union Budget 2021 | Automotive sector welcomes vehicle scrappage policy
4 years, 1 month ago

Union Budget 2021 | Automotive sector welcomes vehicle scrappage policy

The Hindu  

Leading players in the Indian automotive sector have welcomed the Centre’s move to separately announce a voluntary vehicle scrapping policy to phase out old and unfit vehicles. Welcoming the voluntary vehicle scrapping policy, Federation of Automobile Dealers Associations president Vinkesh Gulati said, “If we take 1990 as base year, there are approximately 37 lakh commercial vehicles and 52 lakh passenger …

Budget 2021: Finance Minister Nirmala Sitharaman announces new voluntary vehicle scrappage policy
4 years, 1 month ago

Budget 2021: Finance Minister Nirmala Sitharaman announces new voluntary vehicle scrappage policy

Firstpost  

Union Finance Minister, Nirmala Sitharaman, today announced the government’s new voluntary vehicle scrappage policy while presenting the Union Budget of 2021-22. As per this policy which will be implemented April 2022 onwards, personal vehicles over 20 years old and commercial vehicles over 15 years old would undergo automated fitness tests. Credit: Reuters This development comes after the MoRTH approved the …

Budget 2021: Sitharaman announces Voluntary Vehicle Scrapping Policy - What is it?
4 years, 1 month ago

Budget 2021: Sitharaman announces Voluntary Vehicle Scrapping Policy - What is it?

India TV News  

Finance Minister Nirmala Sitharaman on Monday announced the voluntary vehicle scrapping policy, to phase out old vehicles. Earlier Union Road Transport Minister Nitin Gadkari had said last week that the policy to scrap more than 15-year-old vehicles owned by the government departments and PSUs is likely to be notified soon and will be implemented from April 1, 2022. Earlier, Finance …

Budget 2021: Benefits of Scrappage Policy
4 years, 1 month ago

Budget 2021: Benefits of Scrappage Policy

India Today  

The much awaited Vehicle Scrappage Policy is going to be announced in the next 15 days as per Union Road Transport Minister Nitin Gadkari. Earlier Finance Minister Nirmala Sitharaman announced a voluntary vehicle scrapping policy to phase out old and unfit vehicles that will not only help reduce pollution, but also reduce India’s fuel import bills. Benefits of scrapping policy …

Scrappage policy will lead to new investment of Rs 10,000 crore, create 50,000 jobs: Nitin Gadkari
4 years, 1 month ago

Scrappage policy will lead to new investment of Rs 10,000 crore, create 50,000 jobs: Nitin Gadkari

India Today  

Welcoming the voluntary scrappage policy announced in the Union Budget 2021, Road Transport and Highways Minister Nitin Gadkari today said that it will lead to new investment of nearly Rs 10,000 crore and create as many as 50,000 jobs. While presenting the Union Budget 2021, Finance Minister Nirmala Sitharaman today said that the voluntary scrappage policy will help in encouraging …

Budget 2021 Expectation: What industry wants from Nirmala Sitharaman this year
4 years, 1 month ago

Budget 2021 Expectation: What industry wants from Nirmala Sitharaman this year

India TV News  

Union Budget 2021-2022, which will be the first budget of this new decade, will be presented in the Parliament on February 1 by Finance Minister Nirmala Sitharaman. The government also need to empower the existing Krishi Vigyan Kendras to increase penetration to the rural hinterlands and help farmers utilise the technologies developed by premier national research institutions like ICAR. of …

‘Scrappage policy should include govt. vehicles too’
4 years, 3 months ago

‘Scrappage policy should include govt. vehicles too’

The Hindu  

India’s proposed scrappage policy should not distinguish between private and government vehicles as any such exclusion will fail its meaningful implementation, global consulting firm Arthur D. Little said. “Also, the policy should focus more on incentivisation and less on enforcement,” said Barnik Chitran Maitra, managing partner & CEO, Arthur D. Little, India & South Asia. With the economy rebounding, ADL …

Government Working to Make India an Automobile Manufacturing Hub in the Next 5 Years: Nitin Gadkari
4 years, 3 months ago

Government Working to Make India an Automobile Manufacturing Hub in the Next 5 Years: Nitin Gadkari

News 18  

Road Transport and Highways minister Nitin Gadkari said on Monday that the centre is working to make India an automobile manufacturing hub in the coming 5 years. “Government is also working towards making India a global automobile manufacturing hub in the next five years. This, he felt, is possible as India’s auto industry has made significant strides in terms of …

Automobile Scrappage Policy in Final Stages, Centre’s Approval Could Come This Month: Gadkari
4 years, 6 months ago

Automobile Scrappage Policy in Final Stages, Centre’s Approval Could Come This Month: Gadkari

News 18  

Union Minister Nitin Gadkari has said that the Centre is close to finalising the ambitious automobile scrappage policy. In connection with the scrappage policy, he informed the session that the scheme is expected to receive the Centre’s approval in a month’s time or even earlier. The policy is expected to encourage customers to go in for new purchases which will …

Top 10 takeaways from Nirmala Sitharaman’s Budget 2019 speech
5 years, 8 months ago

Top 10 takeaways from Nirmala Sitharaman’s Budget 2019 speech

Live Mint  

Finance Minister Nirmala Sitharaman presented her first Union Budget and also the first of Narendra Modi 2.0 governnment. Here are 10 takeaways from Nirmala Sitharaman's Budget 2019 speech: 1) PAN card, Aadhaar interchangeable for filing income tax returns Finance Minister Nirmala Sitharaman announced the decision to make PAN and Aadhaar cards interchangeable soon. 4) ‘Har Ghar Jal’ Announcing the Jal …

Gadkari wants more powers to NHAI, unhappy with project progress
8 years ago

Gadkari wants more powers to NHAI, unhappy with project progress

Hindustan Times  

Union Minister Nitin Gadkari today said the National Highways Authority of India should have more powers to fast-track road projects while expressing unhappiness over its overall performance. New Delhi: Union Road Transport, Highways and Shipping Minister Nitin Gadkari speaks during the launch of a curtain-raiser event on India Integrated Transport & Logistics Summit in New Delhi on Wednesday. The NHAI …

Road infrastructure priority for Modi government: Nitin Gadkari
8 years, 10 months ago

Road infrastructure priority for Modi government: Nitin Gadkari

India TV News  

New Delhi: Union Road Transport, Highways and Shipping Minister Nitin Gadkari on Friday said that development of road infrastructure was a priority for the Modi government. The target is two lakh km of highways in the country," Gadkari said at the 2nd Indo-US Infrastructure Summit here. Gadkari said Rs.3 lakh crore had already been invested in the road sector and …

PM rolls out red carpet for investors, assures stable policies - IndiaTV News
10 years, 1 month ago

PM rolls out red carpet for investors, assures stable policies - IndiaTV News

India TV News  

Pune: Rolling out the red carpet for global investors, Prime Minister Narendra Modi today made a strong pitch for the ambitious ‘Make in India' campaign and assured a predictable policy regime for business. Speaking at the inauguration of a GE facility here, PM Modi said, “India is the fastest growing economy in the world with a GDP growth rate of …

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