Scrappage policy likely to get govt approval soon: Nitin Gadkari
Gadkari said once the policy is approved, India will become a automobile hub and there will also be reduction in the prices of automobiles
PTI | January 16, 2021 | Updated 08:13 IST
Union minister Nitin Gadkari
The much-awaited policy to scrap 15-year old vehicles is likely to get government nod soon, Union Minister Nitin Gadkari said on Friday. On July 26, 2019, the government proposed amendments to motor vehicle norms to allow scrapping of vehicles older than 15 years in a bid to spur adoption of electrical vehicles. We have submitted the proposal and I am expecting that we will get approval as early as possible for the scrapping policy, the Road Transport and Highways Minister said. The policy is for scrapping of vehicles which are more that 15 years old and includes cars, trucks and buses, the Minister said addressing the Atmanirbhar Bharat Innovation Challenge 2020-21 event.
Read more about Centre nod to vehicle scrappage policy likely soon: Nitin Gadkari on Business Standard. On July 26, 2019, the government proposed amendments to motor vehicle norms to allow scrapping of vehicles older than 15 years in a bid to spur adoption of electrical vehicles