Why India Needs an Auto Scrappage Policy?

India is a developing nation which is trying to pave its way in the economical, technology, etc. sectors and has adopted many techniques from other developed countries. One such concept is the vehicle recycling, which is very common in countries like US, Europe, Japan and of course gaining steady popularity in China, Indonesia, Korea, etc.  India is still behind on this and is trying now to adopt and implement this policy.  Scrapping – an unorganized entity in India: So for a long time, the government of India has been trying to draft a policy for the scrapping of older vehicles. Unfortunately, even if it is policy is adopted the old cars that are dumped have no proper or organized procedure in how they are scrapped and this ends up with useful metals being wasted. After scrapping, the metal scrap or plastic or whatever that is generated is handled in a much unorganized manner by the recycling sector that it becomes hard for the government to keep track to put it to good use.  The government has been suggested by SIAM (Society of Indian Automobile Manufacturers) that every vehicle that is over 15 years has to be scrapped.  The logic behind this being the vehicles over 15 years contribute more to pollution and by giving these up for scrapping it would mean that the owner now has an incentive to purchase a new vehicle and also it is a small measure to control pollution..  Government also benefits from a good name as this will ensure: Reduce pollution:  The pollution can be kept in check; the older vehicles emit more poisonous chemicals and hence contribute to the environmental destruction. If vehicles older than 15 years are scrapped, then pollution can be reduced and


Old Diesel Vehicles Ban to Boost Automobile Sales – ICRA

Rating agency, ICRA in its recent report mentioned that the ban on old diesel vehicles and the proposed V-VMP (Voluntary Vehicle Fleet Modernization) programme could result to 3% additional sales of new vehicles over the next 2-year. Moreover, the development could also

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