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Vehicle scrappage policy to help generate demand for new vehicles, say sources
By : Sustainability ..., May 11, 2020
The much-awaited vehicle scrappage policy would help in curbing air pollution, reducing fuel consumption and curtailing fatalities in road accidents, while generating demand for new vehicles in the country amid the coronavirus pandemic, industry sources said. The proposed...Read more..
Govt notifies scrapping policy, mandates discounts on junking old cars
By : Sustainability ..., Nov 11, 2019
The Centre has notified a scrap recycling policy to promote circular economy in the steel sector and utilise scrap emanating from vehicles and white goods that have reached their end of life. Under the policy, the ministry of road transport and highways and the department of...Read more..