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Vehicle scrappage policy

Auto majors to offer 1.5-3 percent discount on purchase of new vehicles against scrappage certificate

Auto majors to offer 1.5-3 percent discount on purchase of new vehicles against scrappage certificate

Tue, Aug 27, 2024

In a move to boost vehicle scrappage and fleet modernization, several vehicle manufacturers have announced discounts of 1.5-3% on new vehicle purchases against scrapped old vehicles. Initiated by Union Minister Nitin Gadkari, this scheme includes notable offers from brands like Mercedes Benz.

Delhi government unveils End-of-Life policy for old vehicles

Delhi government unveils End-of-Life policy for old vehicles

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.

Vehicle scrapping policy: 9 lakh govt vehicles, buses older than 15 years to be scrapped from April 1, says Union Minister Nitin Gadkari

Vehicle scrapping policy: 9 lakh govt vehicles, buses older than 15 years to be scrapped from April 1, says Union Minister Nitin Gadkari

Mon, Jan 30, 2023

According to a recent notification by the road transport and highways ministry, from April 1, all vehicles owned by central and state governments, including buses owned by transport corporations and public sector undertakings, that are older than 15 years will be de-registered and scrapped.

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Vehicle Scrappage Policy: Govt vehicles older than 15 years to be scrapped from April | Details

Vehicle Scrappage Policy: Govt vehicles older than 15 years to be scrapped from April | Details

Thu, Jan 19, 2023

Vehicle Scrappage Policy: The central government had sought approval from the states in this regard in November last year. The Ministry of Road Transport and Highways issued the notification after getting the green signal from the states.

Odisha Cabinet approves old vehicle scrapping policy

Odisha Cabinet approves old vehicle scrapping policy

Wed, Nov 30, 2022

The government will provide a scrap value of 6 per cent of the ex-showroom price against the new vehicle purchased by the owner.

Vehicle Scrappage Policy: Which Auto Companies Will Benefit From It? Watch This Video

Vehicle Scrappage Policy: Which Auto Companies Will Benefit From It? Watch This Video

Mon, Nov 28, 2022

According to the report, all the central and state governments vehicles that have completed 15 years will be scrapped from April 1, 2023. Which auto companies will benefit from it? Know full details from Kushal Gupta.

Vehicle Scrappage Policy: 15-year-old vehicles to be phased out, government issues draft notification

Vehicle Scrappage Policy: 15-year-old vehicles to be phased out, government issues draft notification

Sun, Nov 27, 2022

Vehicle Scrappage policy: According to the report, all the central and state governments vehicles that have completed 15 years will be scrapped from April 1, 2023.

Government seeks to change rules related to vehicles' fitness testing

Government seeks to change rules related to vehicles' fitness testing

Mon, Mar 28, 2022

The government on Sunday proposed certain amendments in the eligibility criteria for setting up an automated testing station to check vehicles' fitness, rules to enable vehicle testing outside the state of registration and the norm to declare a vehicle as end-of-life vehicle.

Transport department, NITI Aayog to hold meeting on scrappage policy, battery swapping; MSTC to remain in focus, says Anil Singhvi

Transport department, NITI Aayog to hold meeting on scrappage policy, battery swapping; MSTC to remain in focus, says Anil Singhvi

Mon, Feb 07, 2022

An Interdepartmental meeting is set to be held on February 9 to discuss the plan on expanding of Vehicle Scrappage Policy, and to mull over the formula of the new Battery Swapping Policy that was introduced in Budget 2022.

Tata Motors looks to establish vehicle scrappage centres under franchise

Tata Motors looks to establish vehicle scrappage centres under franchise

Wed, Nov 17, 2021

Tata Motors is looking to establish vehicle scrappage centres under a franchise set up with the first one expected to become operational in the first quarter of the next fiscal, a top company official said on Wednesday.

Nitin Gadkari's BIG CONFIRMATION on electric vehicles costs, discounts, scrapping in Delhi/NCR, India's 1st EV tractor and more

Nitin Gadkari's BIG CONFIRMATION on electric vehicles costs, discounts, scrapping in Delhi/NCR, India's 1st EV tractor and more

Tue, Aug 17, 2021

Nitin Gadkari confirmed that he will be launching India's first electric tractor next month.

Vehicle Scrappage Policy: Meaning? What it is? How it works? BIG BENEFITS of registration fee, road tax on new vehicle purchase - TOP POINTS for old vehicles | What PM Narendra Modi confirmed

Vehicle Scrappage Policy: Meaning? What it is? How it works? BIG BENEFITS of registration fee, road tax on new vehicle purchase - TOP POINTS for old vehicles | What PM Narendra Modi confirmed

Fri, Aug 13, 2021

Vehicle Scrappage Policy: What will happen to your old vehicle? Under this policy, people who give their old vehicle for turning it into scrap will be given a certificate by the government.

Immediately after launch of Vehicle Scrappage Policy by PM Narendra Modi, Tata Motors becomes first auto company to do THIS

Immediately after launch of Vehicle Scrappage Policy by PM Narendra Modi, Tata Motors becomes first auto company to do THIS

Fri, Aug 13, 2021

The idea of scrappage policy was first initiated by Finance Minister Nirmala Sitharaman during her Budget 2021 speech on February 1, 2021

Ashok Leyland and Tata Motors, Sharekhan explains Auto Scrappage Policy beneficiaries

Ashok Leyland and Tata Motors, Sharekhan explains Auto Scrappage Policy beneficiaries

Fri, Mar 19, 2021

Sharekhan says Key beneficiaries of the scrappage policy will be CV players. Sharekhan likes Ashok Leyland and Tata Motors in that space. Other OEMs, which are expected to benefit from the proposed policy, are Maruti Suzuki and M&M. As a proxy play to the scrappage policy in the auto ancillary space, Sharekhan prefers Bosch, Sundram Fasteners, and GNA Axles as their picks.

Vehicle scrappage policy may be sent for to the Cabinet for approval next week: Sources

Vehicle scrappage policy may be sent for to the Cabinet for approval next week: Sources

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.

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