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Voluntary Vehicle Scrappage Policy
February 10 , 2021
1539 days
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- This proposal was made during the presentation of the Union Budget for Financial Year 2022.
- It will help to scrap out the unfit and pollution-causing vehicles.
- It will also help in encouraging the fuel-efficient and environment-friendly vehicles.
- Thus, it will reduce the vehicular pollution and cut the India’s huge oil import bills.
- The voluntary scrappage policy will be based on fitness tests.
- Life has been set at 20 years in case of private vehicles while 15 years have been set for commercial vehicles.
- This policy would apply to central and state government-owned vehicles from April 1, 2022.
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