Scrap policy 2023

NEW DELHI: Prime Minister Narendra Modi on Friday launched the much-awaited PM Modi said that the national policy will give a new identity to the auto sector and promote a circular economy, making the process of economic development more sustainable and environment-friendly. "Modernity in mobility not only reduces the burden of travel and transportation, but also proves to be helpful for economic development. The goal for 21st century India to be Clean, Congestion Free & Convenient Mobility, is the need of the hour," Modi said. What is policy all about The policy aims to scrap old, unfit and polluting vehicles by creating an infrastructure for automated testing of vehicles that have completed the registration period. As per law, a registration certificate for a passenger vehicle is valid for 15 years from date of issue. For a commercial vehicle, it is valid for a period of 10 years. The scrappage policy will come into effect after the expiry of this 10 or 15 year period. The vehicle will then have to undergo a mandatory fitness test. As per the motor vehicle law, renewal of fitness certificate annually is mandatory for a commercial vehicle once it is older than eight years. For the first eight years, such vehicles will need to undergo the test after every two years. Vehicles to be judged on basis of fitness test Fitness tests are required to know the quality of the vehicle, if it is still fit to run on the roads and how much effect it will have on the environment. A vehicl...

Circulars / Notifications related to Vehicle Scrapping Policy (Notifications include O.M.s, Circulars, Office Orders, Advisories, etc.) S. No. Subject Date 1 ) 29-03-2023 2 ) 17-01-2023 3 ) 24-11-2022 4 ) 31-10-2022 5 ) 13-09-2022 6 ) 05-04-2022 7 ) 25-03-2022 8 ) 10-03-2022 9 ) 04-03-2022 10 ) 28-02-2022 Pages

The scrap policy was announced in the Parliament a few months ago and a discussion on how it will boost India's auto sector was also done. The automotive industry has suffered a lot as part of COVID-19 restrictions; the government intends to strengthen this sector again. Union Minister Nitin Gadkari had told that with the help of this scrap policy, automotive sector might see a growth of up to 30 percent. This policy will be implemented from April next year. Let us know what is this policy is and why was it needed, along with its benefits. What is this scrap policy? Under this new scrap policy, 15 and 20 year old vehicles will be scrapped. While a commercial vehicle can be declared junk after 15 years, a private vehicle can be declared junk after 20 years. In simple terms, your 20-year-old personal car will be sold in scrap. Vehicle owners will have to take them to the Automated Fitness Center after the stipulated time. The government claims that the scrapping policy will not only reduce the financial loss of the vehicle owners, but will also protect their lives. There will also be a reduction in road accidents. Cars need to undergo a fitness test The government says cities like Delhi, Kanpur and Mumbai have a high pollution rate. Old vehicles cause more pollution. Elimination of old vehicles will reduce air pollution in cities. Automated fitness centers will open across the country, where fitness test for 15 to 20 year old vehicles would be mandatory. Operation of such fi...

The Union Budget for 2023-2024 has laid special emphasis on vehicle scrapping policy by allocating adequate funds to replace vehicles that are over 15 years. The move has been hailed by the automobile manufacturers as it would provide a significant opportunity for fleet modernisation and reduce fossil fuel consumption to a great extent. While presenting the Union Budget on Wednesday, Finance Minister Nirmala Sitharaman said all State and Central government-owned vehicles including buses owned by transport corporations and public sector undertakings that have been on the road for over 15 years will be scrapped. “Replacing old polluting vehicles is an important part of greening our economy. To further the vehicle scrapping policy mentioned in Budget 2021-22, I have allocated funds to scrap old vehicles of the Central government. States will also be supported in replacing old vehicles and ambulances,” she said. Ashok Leyland Executive Chairman, Dheeraj Hinduja said this budget also echoes the company’s sentiment and commitment to clean energy vehicles for a cleaner and greener future, as part of a national mission to achieve the net zero carbon emission goal. Sharing the same view, Vikram Gulati, Country Head and Executive Vice-President, Toyota Kirloskar Motor said it would not only help the environment and reduce fossil fuel consumption, but also generate demand for new vehicles. Chetan Maini, Co-founder & Chairman, Sun Mobility described it is a positive step in the direct...