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Union Transport Minister, Nitin Gadkari said that the old cars scrapping policy is almost complete. All vehicles, more than 15 years old, will be scrapped as per the new policy.
The policy is aimed at checking the rising automotive pollution in the country. Also, the increased traffic in India is also expected to be reduced through this scrapping policy.
Another intent of the policy is to reduce the cost of manufacturing of new automobiles. This will be made possible by using raw materials such as metals, plastic, rubber and fibre, from old vehicles.
The Road and Transport Minister had sent to the Committee of Secretaries, a briefing of Voluntary Vehicle Fleet Modernisation Programme (V-VMP). The briefing involves the main points regarding the voluntary replacement and scrapping of old polluting vehicles.
Around 28 million vehicles (bought on or before March 31, 2005) will come under the V-VMP policy. Nitin Gadkari has also shared that the Prime Minister's Office is serious about the proposal, as up to almost 65% pollution will be curbed through the scrapping policy.
Nitin Gadkari added that the if the proposal is accepted, an increased tax revenue of around Rs 10,000 crore is bound to reflect from it. The main reason for this is the reduction of manufacturing cost of vehicles due to the use of recycled parts.
Thoughts On Nitin Gadkari's Scrapping Policy Of Old Cars In India
The policy to scrap old cars in India is a welcome act for curbing pollution. However, this is sad news for all the proper petrolheads in India. Cars such as the Honda City Type 2 VTEC, Fiat Palio S10, Maruti Suzuki Baleno (sedan) or even the Maruti 800, which are all properly fun driver's cars come under this category.
Although the scrapping policy is aimed at a general well-being, we still wish to see all the iconic cars from the not-so-distant past to run with all their glory.