Wed, Dec 20, 2023
Under the new policy, vehicles older than 10 years for diesel and 15 years for petrol will face a structured disposal process. Instead of immediate confiscation and scrapping, the government will implement substantial fines, encouraging owners to take their old vehicles off the road voluntarily.
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Sat, Jul 27, 2019
The draft notification also provides that newly purchased motor vehicles will be exempted from the payment of fees for the purpose of issue of registration certificate and assignment of new registration mark.
Fri, Jun 14, 2019
The old and abandoned vehicles caught fire in Mumbai on Friday. The incident happened at Borivali Bridge. The fire brigades have not arrived yet at the spot. The reason of fire is yet to be ascertained. While speaking to ANI, a local said, "These cars are parked here for 2 years now."
Fri, Apr 27, 2018
According to the policy, the approval will pave way for mandatory disposal of commercial vehicles, like trucks, autos, buses and tempos among others, that are 20 years old from April 1, 2020, coinciding with the implementation of the BS-VI norms. It also says that better reward or incentives will be given to those who will go ahead to scrap their 20-year-old vehicle.
Thu, Feb 15, 2018
Gadkari said India is bound to become the hub for automobile industry and the prices were bound to be cheaper as scrap could be used for production of autoparts among other things.
Wed, Jun 01, 2016
The Government is likely to give up to 8-12% of the total new vehicle cost as financial incentives.
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