The much-awaited policy to scrap fifteen-year-old vehicles is likely to get government approval 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 the 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 that are more than of 15 years old and includes cars, trucks and buses, the Minister said addressing the "Atmanirbhar Bharat Innovation Challenge 2020-21" event.
Gadkari's remarks come amid reports that the upcoming budget may unveil the vehicle scrappage policy that intends to boost automobile demand by phasing out old and polluting vehicles. A final call in this regard, however, will be taken by the Prime Minister's Office. The PMO had earlier sent the proposed policy for a fresh round of consultation with stakeholders.
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