The ministry says that the mixed goal of those incentives and incentives is to encourage car house owners to surrender their outdated and polluting autos, which have excessive upkeep and gasoline consumption.
see picturesMinistry desires to encourage car house owners to discard their outdated and polluting autos
The Ministry of Road Transport and Highways on Tuesday launched a listing of incentives and incentives associated to car scrapping coverage. The mixed goal of those incentives and incentives is to encourage car house owners to sacrifice their outdated and polluting autos with excessive upkeep and gasoline consumption prices.
“As an incentive, there will be a waiver of registration fee for the new vehicle purchased against the right of certificate of deposit (COD) issued by the registered vehicle scrapping facility for the vehicle being canceled,” learn the press assertion by the ministry. .
The ministry has introduced incentives like enhance in payment for health check and renewal of registration of autos older than 15 years
Incentives embody: 1). Increase within the payment for health check and renewal of health certificates of motor autos older than 15 years. 2)). Increase in health certification payment for transport autos older than 15 years. 3)). Increase in renewal of registration payment for personal autos (non-transport autos) older than 15 years.
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Presenting the Union Budget 2021-22, on February 1, Finance Minister Nirmala Sitharaman introduced a voluntary car scrapping coverage for phasing out outdated and unsuitable autos, below which non-public autos may have health checks at automated facilities after 20 years, While industrial autos should go by way of. examination after 15 years
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With inputs from NDTV
