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VOLUNTARY SCRAPPAGE POLICY
Vehicle scrappage policy will promote circular economy: PM ModiThe policy will play a key role in 'Waste to Wealth' programme, PM Modi said, adding it will also help in reducing pollution in our cities....13 Aug, 2021, 06.42 PM IST- Vehicle scrappage policy can provide positive push to new automotive circular economy: EYIn its latest report -- Scrappage policy for the automotive sector is here! Mobility Roadmap in Circular Economy -- EY India said original ...28 Jun, 2021, 06.51 PM IST
- Scrappage offtake to skid on limited incentive and poor cost economics for trucksTo be sure, the scrappage policy is much required as older vehicles are 10-12 times more polluting than newer ones. As things stand, India ...28 Apr, 2021, 12.20 PM IST
- To curb pollution, Nirmala Sitharaman announces voluntary vehicle scrappage policyThe FM in Budget Speech 2021 said the policy for the same will be announced separately. The fitness of personal vehicles will be checked af...02 Feb, 2021, 08.18 AM IST
- Scrappage policy: Leyland, TaMo, M&M, Cummins lead auto gains“Ashok Leyland will be the biggest beneficiary, followed by M&M and Tata Motors,” said Aditya Jhawar, analyst at Investec.02 Feb, 2021, 07.08 AM IST
- Announcement of voluntary scrappage policy in Union Budget a step in right direction: M&M"The scrappage policy is a step in the right direction. (However), what it does will depend on how aggressively the policy is (implemented)...01 Feb, 2021, 10.52 PM IST
- Fitness testing, certification of old vehicles should take place at earlier intervals: SIAMThe industry body also raised concerns over the increase in customs duty on certain imported vehicle components, saying it could lead to in...01 Feb, 2021, 09.41 PM IST
- Mercedes, Skoda say custom duty hike on certain parts to lead to increase in vehicle pricesIn the Budget 2021-22, Finance Minister Nirmala Sitharaman proposed increase in customs duty of various parts, including ignition wiring se...01 Feb, 2021, 08.29 PM IST
- Budget: Commercial vehicles get a booster shotThe two key budget announcements for the sector are new schemes for the public bus transport services and introduction of the voluntary scr...01 Feb, 2021, 07.46 PM IST
- Commercial vehicle makers gain as govt announces details of scrappage policiesAnalysts were expecting the government to announce details regarding setting up of vehicle scrappage infrastructure which will be conducive...01 Feb, 2021, 12.18 PM IST
- 'Vehicle scrappage policy to help generate demand for new vehicles amid coronavirus pandemic'A vehicle scrappage policy is in the works for some time now. The policy aims to put a cap on the life of vehicles in terms of years run. L...10 May, 2020, 03.10 PM IST
- Expect auto stocks to pick up speed if FM delivers these goodies in BudgetReduction in import duty on lithium cells could increase affordability of electric vehicles.30 Jan, 2020, 12.08 PM IST
- Scrappage policy: No direct sops for junking old cars“The Central government will not offer any direct incentives in the policy or any tax sops, as was being talked about earlier,” an official...03 Dec, 2019, 06.38 AM IST
- Scrappage policy to be out for Public comments by November 15The policy for voluntary scrapping of old vehicles is expected to spell out disincentives for older vehicles, including manifold increase i...31 Oct, 2019, 08.06 PM IST
- Proposed scrappage policy may not revive demand for new CVsThe scrappage scheme, which was first mooted by Nitin Gadkari, the minister for road transport and highways in August 2015, is currently wi...15 Oct, 2019, 06.06 PM IST
- Draft guidelines for authorised vehicle scrapping centres soonThe government is set to float new norms that will make way for formalising vehicle-scrapping sector.03 Oct, 2019, 10.23 AM IST
- Scrappage Policy may not increase demand significantly: CrisilThe much-awaited vehicle scrappage policy has received a go-ahead from the Prime Minister’s Office and is awaiting approval from the Goods ...20 Mar, 2018, 02.36 PM IST
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