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What is Vehicle scrapping policy?

What is Vehicle scrapping policy

During Union Budget 2021-22, Nirmala Sitharaman announced the voluntary vehicle scrapping policy in order to scan old and polluting vehicles.

  • As per the vehicle scrapping policy, personal and commercial vehicles will have to pass a fitness test at automated centres after 20 years and 15 years respectively.
  • The policy will create 50,000 jobs and will receive a new investment of 10,000 crore rupees.

Vehicle scrapping policy Benefits:

  • It will help to a 25-30 percent reduction in vehicular air pollutants and improve road safety. 
  • it would lead to the recycling of waste metal
  • it will lower oil imports due to greater fuel efficiency of current vehicles.

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