Vehicle Scrappage Policy - All You Need To Know About !!
Nirmala Sitharaman, the Finance Minister of India had announced the Vehicle Scrappage Policy during her speech in the 2021 budget session. Now, the Transport Minister, Nitin Gadkari has revealed more details of the scheme. Here are all the things that you need to know about this much-awaited scrapping policy: - The vehicle scrappage policy aims to reduce air pollution by eliminating old vehicles from the road. Thus, it will also helpful in boosting the sales of new vehicles in the country. Private vehicles older than 20 years and commercial vehicles older than 15 years will have to undergo fitness tests at government-certified fitness centres. Appointment for fitness centres may be booked online and test reports will be generated in an electronic mode. Vehicles that are found unfit in tests or in case of failure to obtain fitness certification, will be de-registered and then they will not be allowed to run on roads and the owner will have to phase it out. If the vehicl