In order to avoid air pollution, the federal government is coming up with this scheme to eradicate old vehicles purchased 15 years ago. This new scheme will make it possible to hand over old vehicles and offer concessions to buyers of new vehicles.
The federal government plans to implement a policy to replace old cars and two-wheelers from next month. In order to avoid air pollution, the federal government is coming up with this scheme to eradicate old vehicles purchased 15 years ago. This new scheme will make it possible to hand over old vehicles and offer concessions to buyers of new vehicles.
According to federal government sources, the long-pending Vehicle Scrapping Policy for replacing old vehicles will come into effect soon. The Central Government has provided information on this in Parliament. Minister of State for Road Transport and Highways VK Singh said the Cabinet memorandum on vehicle scrapping policy was ready at the state level.
He was responding to a question in the state assembly yesterday. It is hoped that the implementation of this plan will improve the automobile sector, which is facing recession and decline and will contribute to the country’s economy.
The automobile sector will grow as demand for new vehicles increases. Customers get new vehicles up to 30 percent cheaper. Air pollution will be reduced by 25 percent as older vehicles are removed. At the same time, large-scale employment will be created in old vehicle disposal centers. After selling the old car at the disposal centers, if you show the relevant documents, the registration of the new car will be done for free.
According to reports, about 2.80 crore vehicles are likely to be disposed of under this scrap policy. With this policy, a large number of vehicle disposal centers will be built. This will create a greater number of new jobs. At the same time, the automobile industry can get parts such as steel, aluminum, and plastic cheaply for recycling.
The policy plan for the disposal of old vehicles will be sent to the Cabinet soon. Once approved by the Cabinet, the procedures for its implementation will begin. Experts suggest that in this corona time, scrap policy will be a lifeline to the economy.