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Page 2 - Vehicle Scrapping Policy

Building for scrap: Does India have the capacity to handle this?

Creating the capacity to scrap vehicles in the volumes required to make a significant dent in vehicular pollution will be a tough ask

Building for scrap: Does India have the capacity to handle this?
Updated On : 28 Apr 2021 | 6:10 AM IST

PIL in Delhi HC challenging vehicle scrapping guidelines of AAP government

A PIL in the Delhi High Court has challenged the AAP government's guidelines for scrapping motor vehicles claiming the requirements for a license under these norms would oust marginal scrap dealers

PIL in Delhi HC challenging vehicle scrapping guidelines of AAP government
Updated On : 15 Apr 2021 | 12:17 PM IST

Vehicle scrapping: M&M inks agreement with Mahindra MSTC Recycling

Mahindra MSTC is into acquiring used/end-of-life vehicles for dismantling and scrapping. The pact will enable M&M customers to get a hassle free and transparent deal under one roof

Vehicle scrapping: M&M inks agreement with Mahindra MSTC Recycling
Updated On : 08 Apr 2021 | 1:40 AM IST

Govt proposes concession on road tax on submitting scrapping certificate

In case the vehicle is registered against submission of 'certificate of vehicle scrapping', the concession in motor vehicle tax will be upto 25 per cent in case of non-transport vehicles

Govt proposes concession on road tax on submitting scrapping certificate
Updated On : 30 Mar 2021 | 9:11 PM IST

Vehicle scrapping policy unlikely to trigger replacement, says Jefferies

The vehicle scrapping policy is unlikely to make people junk their old vehicles for new ones in a big way, owing to insufficient incentives offered by the government for replacement, a report said

Vehicle scrapping policy unlikely to trigger replacement, says Jefferies
Updated On : 22 Mar 2021 | 1:25 PM IST

Maruti Suzuki, Tata Group, M&M warm up to vehicle-scrapping units

Companies in talks on joint ventures and exploring tie-ups with suppliers

Maruti Suzuki, Tata Group, M&M warm up to vehicle-scrapping units
Updated On : 20 Mar 2021 | 6:10 AM IST

Carmakers agreed for 1% incentive, but govt wants more: Road secretary

In an interview, Road Secretary Aramane speaks about the sops that the govt will provide and the relevance of synergy between the public and the private sectors to make vehicle scrapping policy work

Carmakers agreed for 1% incentive, but govt wants more: Road secretary
Updated On : 20 Mar 2021 | 1:11 AM IST

Scrappage policy to give fillip to automobile industry volumes: ICRA

Vehicle Scrappage policy will provide a fillip to automotive industry volumes and spur demand for new vehicles, rating agency ICRA said

Scrappage policy to give fillip to automobile industry volumes: ICRA
Updated On : 20 Mar 2021 | 1:09 AM IST

Scrapping policy will depend on integrity of fitness centres: R C Bhargava

The policy statement for the first time recognises that there is a need to ensure that vehicles are fit for continued use, says Bhargava

Scrapping policy will depend on integrity of fitness centres: R C Bhargava
Updated On : 20 Mar 2021 | 6:10 AM IST

Vehicle scrapping policy: Experts say scheme not sales bonanza for firms

Actual number of vehicles available for scrapping 'a fourth of govt estimates'

Vehicle scrapping policy: Experts say scheme not sales bonanza for firms
Updated On : 20 Mar 2021 | 6:10 AM IST

Transport Ministry issues draft rules for vehicle scrapping policy

The union government proposed to offer a road-tax rebate of up to 25 per cent for personal vehicles and up to 15 per cent for commercial vehicles

Transport Ministry issues draft rules for vehicle scrapping policy
Updated On : 18 Mar 2021 | 6:29 PM IST

Vehicle scrapping policy will be 'win-win'; to reduce pollution: Gadkari

Gadkari on Thursday said the vehicle scrapping policy will be a "win-win" policy that will help improve fuel efficiency and reduce pollution

Vehicle scrapping policy will be 'win-win'; to reduce pollution: Gadkari
Updated On : 18 Mar 2021 | 2:37 PM IST

Green hydrogen may soon be a must for fertiliser, refinery units: R K Singh

Plan is to replace use of imported ammonia in farming, petroleum, steel and other sectors; Gadkari bats for all govt vehicles to go electric

Green hydrogen may soon be a must for fertiliser, refinery units: R K Singh
Updated On : 20 Feb 2021 | 12:23 AM IST

Govt's vehicle scrapping policy may be hobbled by lack of strong incentives

Automakers are counting on the plan to boost sales, which have been smashed by a widespread fall in demand

Govt's vehicle scrapping policy may be hobbled by lack of strong incentives
Updated On : 10 Feb 2021 | 2:33 PM IST

FM announces voluntary vehicle scrapping policy to phase out old vehicles

Finance Minister Nirmala Sitharaman on Monday announced the much-awaited voluntary vehicle scrapping policy to phase out old and polluting vehicles

FM announces voluntary vehicle scrapping policy to phase out old vehicles
Updated On : 01 Feb 2021 | 11:46 AM IST

Centre nod to vehicle scrappage policy likely soon: Nitin Gadkari

On July 26, 2019, the government proposed amendments to motor vehicle norms to allow scrapping of vehicles older than 15 years in a bid to spur adoption of electrical vehicles

Centre nod to vehicle scrappage policy likely soon: Nitin Gadkari
Updated On : 15 Jan 2021 | 10:16 PM IST

Scrap and grow

Scrapping policy should consider ownership trend

Scrap and grow
Updated On : 08 Nov 2020 | 11:16 PM IST

Covid-hit Alang ship-recycling hub eyes old vehicle scrappage opportunity

The Indian ship recycling industry is also facing competition from Bangladesh and Pakistan which are offering more competitive prices for vessels as well as enjoying better domestic steel prices

Covid-hit Alang ship-recycling hub eyes old vehicle scrappage opportunity
Updated On : 27 Aug 2020 | 7:38 PM IST

Vehicle scrappage policy awaiting final clearance from Cabinet, says FM

The proposed policy, once approved, will be applicable on all vehicles including two- and three-wheelers

Vehicle scrappage policy awaiting final clearance from Cabinet, says FM
Updated On : 01 Feb 2020 | 8:17 PM IST

Auto stocks gain on report that Cabinet may approve scrappage policy today

Tata Motors, Mahindra & Mahindra, Bharat Forge and Ashok Leyland from the Nifty Auto index climbed 3 per cent each on the National Stock Exchange.

Auto stocks gain on report that Cabinet may approve scrappage policy today
Updated On : 27 Nov 2019 | 10:41 AM IST