Voluntary scraping policy has been announced in the budget
Explain that Finance Minister Nirmala Sitharaman has announced to launch the Voluntary Scrappage Policy in the budget. It is believed that this will help the auto industry to overcome the adverse effects of the Kovid-19 epidemic. Waiting for a voluntary scraping policy for the auto sector was long overdue. Now, after 20 years, private vehicles will not be able to hit the streets after 15 years.
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Auto industry will benefit from scraping policy
Gadkari said, “Customers who choose to scrap their vehicles will be given some benefit from the manufacturer. In fact, the junk policy will prove beneficial. This will not only give a boost to the economy, but will also benefit the auto industry and will also help in reducing pollution of vehicles.
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Auto industry will be included in the most employing sectors
He said that he will soon release the details of this policy. He hoped that in the coming days, the auto industry will be included in the most employment generating sectors. When asked that this policy is voluntary, if some people do not choose its option, then what measures have been taken to discourage them, Gadkari said that it has a provision of green tax and other charges. Such vehicles will also have to undergo rigorous automated fitness tests.