FM Announces Vehicle Scrappage Policy

Finance Minister Nirmala Sitharaman announced the voluntary vehicle scrappage scheme to phase out old vehicles to curb environmental pollution and oil imports. The fitness of personal vehicles will be checked after 20 years and those of commercial vehicles after 15 years. Powered by Capital Market – Live News

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Finance Minister Nirmala Sitharaman announced the voluntary vehicle scrappage scheme to phase out old vehicles to curb environmental pollution and oil imports. The fitness of personal vehicles will be checked after 20 years and those of commercial vehicles after 15 years.

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Published: February 1, 2021, 12:48 IST
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