“Vehicle Scrappage Policy” to phase out old and unfit vehicles

What is the news? The Finance Minister has announced the voluntary vehicle scrappage policy. It aims at phasing out old and unfit vehicles. About vehicle scrappage policy Aim of the Policy: Scrappage policy will encourage fuel-efficient, environment-friendly vehicles on the road. Thereby It will reduce vehicular pollution and the oil import bill. Key Features :… Continue reading “Vehicle Scrappage Policy” to phase out old and unfit vehicles