‘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 our 75th Independence Day, but the next 25 years will also be very important as, during this period, our day-to-day lives will undergo significant changes due to technology,” PM Modi further said, adding that the government's effort is to ensure that development is “sustainable and environment-friendly.” He then listed out five ways in which the scrappage policy will be beneficial to the common man.

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History of this topic

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, …

Explained: National Automobile Scrappage Policy and what it means for vehicle owners in India
3 years, 4 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, 4 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 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 …

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 …

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 …

PM Modi to address Investor Summit in Gujarat via video conferencing
3 years, 4 months ago

PM Modi to address Investor Summit in Gujarat via video conferencing

India TV News  

Prime Minister Narendra Modi will address an investor summit in Gujarat on Friday via video conference, his office said. The Investor Summit is being organised to invite investment for setting up vehicle scrapping infrastructure under the Voluntary Vehicle-Fleet Modernization Program or the Vehicle Scrapping Policy, the Prime Minister's Office said on Wednesday. The Vehicle Scrapping Policy is aimed at creating …

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 …

ABP Budget Conclave | Vehicle Scrappage Policy Will Make India No.1 Automobile Hub In World: Nitin Gadkari
3 years, 10 months 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 …

Budget 2021: Benefits of Scrappage Policy
3 years, 10 months 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 should include govt. vehicles too’
4 years 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 …

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