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Voluntary Vehicle-Fleet Modernization Program
January 10 , 2023
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- 11 states and UTs have joined the National Single window system for the Voluntary Vehicle-Fleet Modernization Program (V-VMP).
- It will encourage private investment in the ecosystem for car recycling.
- The Vehicle Scrappage Policy is a government-funded programme to scrap old and unfit vehicles and replace them with modern and new vehicles on Indian roads.
- The primary goal of the policy is to create an ecosystem for phasing out unfit and polluting vehicles to achieve a lower carbon footprint in the country.
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