The government on Saturday said a Cabinet note has been formulated for the vehicle scrappage policy.

“Ministry of Road Transport and Highways (MoRTH) has formulated a note for Cabinet on creation of an ecosystem for voluntary and environment friendly phasing out of unfit and old polluting vehicles,” Minister of State for Road Transport and Highways V.K. Singh told the Rajya Sabha in reply to a query.

The proposed policy, once approved, will be applicable on all vehicles, the government had said earlier.

The policy was sent for a fresh round of consultation with stakeholders on the direction of the PMO.

Road Transport and Highways Minister Nitin Gadakri had said earlier this year that once the policy was approved, India could emerge as a hub for automobile manufacturing as key raw material available from scrapping steel, aluminium and plastic were bound to be recycled, bringing down automobile prices by “20-30%.” On July 26, 2019, the government had proposed amendments to motor vehicle rules to allow scrapping of vehicles older than 15 years to spur adoption of electric vehicles.

Show Less Plan

Subscription Benefits Include

Today’s Paper

Find mobile-friendly version of articles from the day’s newspaper in one easy-to-read list.

Faster pages

Move smoothly between articles as our pages load instantly.

Unlimited Access

Enjoy reading as many articles as you wish without any limitations.

Dashboard

A one-stop-shop for seeing the latest updates, and managing your preferences.

Personalised recommendations

A select list of articles that match your interests and tastes.

Briefing

We brief you on the latest and most important developments, three times a day.

*Our Digital Subscription plans do not currently include the e-paper ,crossword, iPhone, iPad mobile applications and print. Our plans enhance your reading experience.



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here