Scrappage policy

The scrappage policy to be launched by the Union Transport ministry is likely to include commercial vehicles in the first stage. The Ministry plans to cap the life of commercial vehicles at 15 years and private vehicles at 20 years. Reportedly, the vehicles failing to pass the fitness tests will have to go off-road and would be deregistered. The policy was announced by Finance Minister Nirmala Sitharaman during the Union budget.