Private Vehicles like cars, two-wheelers are not included in this policy. This policy was approved in a meeting at Prmie Minister’s Office. The meeting was attented by NripendraMisra, principal secretary to Prime Minister Narendra Modi, NitiAayog chief executive officer Amitabh Kant, and the finance, steel, environment, highways, Department of Industrial Policy and Promotion, Department of Heavy Enterprises, and micro, small and medium enterprises secretaries.
According to Official, once the scheme is approved and implemented owners of vehicles older than 20 years can voluntarily scrap their vehicles and receive a discount on the purchase of a new one, as GST on new vehicles will be between 12% and 18%.
According to records at least seven lakh commercial vehicles were registered before 2000 and will be off the road in 2020. According to different researches and studies, pre-BS-I commercial vehicles emit pollutants 25 times more than the BS-IV vehicles.
“The steel ministry along with NitiAayog have been directed to draft a policy to promote establishment of recycling and shredding centres,” the first official said. Vishnu Mathur, director general of the Society of Indian Automobile Manufacturers, welcomed the plan. “We have been asking for it for a decade. It will not only help curb pollution but will improve safety on the roads. Besides, other benefits will also accrue from recycling of scrap,” he said.
Representative Image NEW DELHI: The India Meteorological Department (IMD) has issued a warning regarding an…
Representative Image JAMMU and KASHMIR: The National Green Tribunal (NGT) has called upon the Central…
Representative Image NEW DELHI: The 19th edition of the United Nations Forum on Forests (UNFF…
Representative Image MUMBAI, Maharashtra: The Brihanmumbai Municipal Corporation (BMC) has published a list of 188…
Representative Image CHENNAI, Tamil Nadu: The Greater Chennai Municipal Corporation is mulling the plan to…
Representative Image TRICHIRAPALLI, Tamil Nadu: Faulty Streetlights on the newly built Kollidam Bridge in Trichy…