Tag: Indias

India’s Vehicle Scrappage Policy To Be Finalised Soon




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Vehicle Scrapping Policy likely to finalised soon; says Nitin Gadkari

Union Minister, Nitin Gadkari, on Thursday said India’s own vehicle scrappage policy is likely to be finalised soon. According to a report in PTI, India will soon get its vehicle scrappage policy. The highly-awaited policy is awaiting a final clearance from the finance minsitry. The policy will focus on scrapping old polluting vehicles plying in the country. Once approved, the policy will be applicable on all vehicles including two-wheelers and three-wheelers. The Union Minister also mentioned that this policy will help  boost the automobile sector and it will also help in reducing the production cost. The vehicle scrappage policy was earlier sent for an additional consultation with stakeholders on the direction of the Prime Minister’s Office (PMO).

Also Read: Scrappage Policy In Final Stage, To Get Cabinet Approval Soon: Nitin Gadkari

The Union Minister also added that the

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