Vehicle scrapping policy

Vehicle scrapping policy: Insufficient incentive unlikely to trigger replacement, says Jefferies

Under the proposed policy, a scrapped vehicle will be offered a monetary value close to 4-6 per cent of the showroom value.

published on : 22nd March 2021

Union Transport Minister Nitin Gadkari announces finer details of Vehicle Scrapping Policy

Draft notification to be published by the transport ministry within the next few weeks in order to solicit comments from stakeholders

published on : 19th March 2021