Scrappage policy may be a part of Budget 2021-22: Report On July 26, 2019, the government had proposed amendments to motor vehicle rules to allow the scrapping of vehicles older than 15 years in a bid to spur the adoption of electrical vehicles. Under the new policy, commercial 15-year-old vehicles and 20-year-old private vehicles can be considered for scrapping. The vehicle scrappage policy may be announced in the Union Budget 2021-22 and the final decision on the same would to be taken by the Finance Ministry and the Prime Minister's Office (PMO), CNBC-TV18 reported on January 11. Under the new policy, commercial 15-year-old vehicles and 20-year-old private vehicles can be considered for scrapping. The Centre has prepared a Cabinet note on the policy, Minister of State for Road Transport and Highways VK Singh told Rajya Sabha on September 19.