Scrappage policy announcement today 2021

Scrappage policy announcement today:Vehicle Scrappage Policy: Prime Minister Narendra Modi has launched the National Automobile Scrappage Policy. He said, this policy is going to give a new identity to the auto sector of New India. This policy will play a big role in removing unfit vehicles in the country in a scientific manner.

Prime Minister Narendra Modi has announced a new vehicle scrappage policy. He said, the new scrappage policy will increase self-reliance. This is expected to bring new investment of 10 thousand crore rupees in the country. Also, a lot will change in the next 25 years. He said, mobility is a big factor for the country’s economy, it will be very helpful in economic development. At the same time, more jobs will be created. Let us tell you that under the scrap policy, 15 and 20 year old vehicles will be scrapped. While a commercial vehicle can be declared junk after 15 years, it is 20 years for a private car. if in simple words.

Scrappage policy announcement today

According to the policy, vehicles that are 20 years old which will not be able to pass the fitness test or will not be able to re-register will be de-registered.

Their earlier registration will be completely abolished, so that they will not be able to walk on the road. Apart from this, more money will have to be paid for re-registering 15-year-old private vehicles.

When will the new rules come into force

The rules related to fitness test and scraping center will be applicable from 1 October 2021. The rules for scrapping 15-year-old vehicles belonging to government and PSUs will be applicable from April 1, 2022. The rules related to fitness testing required for commercial vehicles will be applicable from 1st April 2023. The rules related to fitness testing required for other vehicles will be implemented in a phased manner from 1st June 2024.

Will common people get cheap cars after the new policy?

Road Transport Minister Nitin Gadkari had told while launching the scrappage policy in the Lok Sabha that. We have issued an advisory advising all automakers to offer a discount of 5 per cent on the purchase of a new vehicle on production of the scrapping certificate. He said that the vehicle scrapping policy is a win-win policy, which will not only bring down pollution rapidly but will also benefit the auto sector.

Scrappage policy announcement today:What are the benefits of the policy to the car owner?

Experts related to the auto sector say that a certificate will be given to the vehicle owners on scrapping the old vehicle. By showing this certificate, there will be a discount of 5 percent on the purchase of a new vehicle. Auto companies will give this discount. Those buying a new vehicle will not have to pay the registration fee. There will be a 25% rebate in road tax on buying a new personal vehicle. Those who buy commercial vehicles will get 15% rebate in road tax.

On what basis will my used car be priced?

While presenting the vehicle scrapping policy during the Parliament session in March, Nitin Gadkari had said that the value of the vehicle to be scrapped will be based on the ex-showroom price of the new vehicle. The value of the vehicle to be scrapped can be 4-6 per cent of the ex-showroom price.

What are the rules for commercial vehicles?

Initially, commercial vehicles will be scrapped on the basis of automated fitness test. Whereas private vehicles will be scrapped on the basis of non-registration. These rules have been decided on the basis of countries like Germany, Britain, America and Japan.

Scrappage policy announcement today:What if my vehicle does not pass the fitness test?

According to the news published in the English newspaper Economic Times, such vehicles will fail in the fitness test. They will be declared as ‘end of life vehicle’. In simple words, such vehicles cannot be driven on the road.

The policy proposes to de-register 15-year-old commercial vehicles for failure to obtain a fitness certificate. Apart from this, vehicles older than 15 years will also have to pay more tax for getting the fitness test done.

In above article we discribed.

Nag Panchami 2021: Why is the festival of Nag Panchami celebrated? Know the importance of this day

error: Content is protected !!
Ads Blocker Image Powered by Code Help Pro

Ads Blocker Detected!!!

We have detected that you are using extensions to block ads. Please support us by disabling these ads blocker.

Powered By
Best Wordpress Adblock Detecting Plugin | CHP Adblock