Vehicle Scrappage Policy – 101: All You Need To Know About Upgrading Your Car
As Indians, we tend to love our vehicles and hold on to them for times of end. While we may be sentimentally attached to our buses and our bikes, using the vehicle for times on end can negatively affect the terrain and increase carbon emigrations. To encourage us to get relieve of the old vehicles when they’re past their high, the Indian government introduced the vehicle scrappage policy in the 2021 budget. The idea behind the policy is to reduce the impact of aged vehicles and the pollution these vehicles contribute to the terrain. Let us understand further about it in this composition. What is Vehicle Scrappage Policy? The vehicle scrappage policy in India is like