The policy to scrap more than 15-year-old vehicles owned by government departments and the PSUs in the country is likely to be notified soon and will be implemented from April 1, 2022, the government said on Monday.
Union Minister Nitin Gadkari has approved the scrappage policy. "The minister... approved the policy of deregistration and scrapping of vehicles owned by government department and PSU, which are above 15 years in age," the Ministry of Road Transport and Highways said in a statement. "It is to be notified, and will come into effect from 1st April, 2022," read the statement.
According to the minister, the policy will benefit the auto sector and reduce the cost of procuring expensive metals such as copper.
On July 26, 2019, the government had proposed amendments to motor vehicle norms to allow scrapping of vehicles older than 15 years with a view to encourage adoption of electrical vehicles.
"We have submitted the proposal and I am expecting that we will get approval as early as possible for the scrapping policy," Gadkari had said on January 15.