Vehicle scrappage policy may be sent for to the Cabinet for approval next week: Sources
According to the policy, the approval will pave way for mandatory disposal of commercial vehicles, like trucks, autos, buses and tempos among others, that are 20 years old from April 1, 2020, coinciding with the implementation of the BS-VI norms. It also says that better reward or incentives will be given to those who will go ahead to scrap their 20-year-old vehicle.
The proposed vehicle scrappage policy that seeks to do away commercial vehicles that are more than 20 years old will become a reality soon. Image source: Reuters