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Draft scrappage policy to be out for feedback by Nov 15

​​​​The policy is expected to spell out disincentives for older vehicles, including manifold increase in re-registration fee. ​​​A draft notification from the transport ministry proposed that re-registration of internal combustion engine cars be increased to Rs 15,000.

ET Bureau|
Nov 01, 2019, 07.50 AM IST
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“A scrappage policy has been formulated and circulated for comments of stakeholders/general public by November 15,” the finance ministry said.
NEW DELHI: The government has firmed up a policy, being steered by the transport ministry, for scrapping old vehicles and will circulate it for public comments in two weeks, the finance ministry said on Thursday. This follows guidelines issued by the transport ministry for setting up vehicle scrapping centres.

“A scrappage policy has been formulated and circulated for comments of stakeholders/general public by November 15,” the finance ministry said.

The policy is expected to spell out disincentives for older vehicles, including manifold increase in re-registration fee.

A draft notification from the transport ministry proposed that re-registration of internal combustion engine cars be increased to Rs 15,000.

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