Tata Motors & Maharashtra Govt Signs MoU For Vehicle Scrappage Centre
Tata Motors joined hands with the Maharashtra Government to set up a registered vehicle scrapping policy (RSVP) in the state. A company official signed the MoU, on December 17, for scrappage centre with a capacity of recycling 35,000 vehicles (end of passage & commercial) vehicles in a year. The Maharashtra Industry, Energy and Labour department will ensure legal approvals, rules and regulations of the new facility.
Tags: TATA Motors, Maharashtra Government, Vehicle Scrapping Policy, Mumbai, MoU
Courtesy: News18
Auto Scrapping Policy Will Generate Jobs: Nitin Gadkari
A day after PM Modi launched the auto scrapping policy, the road transport and highways minister Nitin Gadkari while speaking at the "Investor Summit" said that the policy will aid all stakeholders as the production will rise. It will infuse several job opportunities. "Cheap raw material acquired from scrapped vehicles would bring down the price of vehicles and boost their sales, thereby raising GST collection," Gadkari said.
Tags: Automobiles, Vehicle Scrapping Policy, Nitin Gadkari, Investor summit
Courtesy: NDTV
PM Modi Unveils 'Vehicle Scrappage Policy' To Rule Out Unfit Vehicles
To rule out the unfit and polluting vehicles from the environment and generate revenue, PM Narendra Modi launched a new policy called ''Vehicle Scrappage Policy'' on August 13. Urging youngsters and start-ups to join the programme, he tweeted, ''The launch of the policy is a significant milestone in India's development journey". Meanwhile, Union Minister Nitin Gadkari clarified scrapping will be based on fitness and ''not the age of vehicles… read-more
Tags: Vehicle Scrapping Policy, PM Modi, Unfit Vehicle, Nitin Gadkari, Scrap
Courtesy: The Times of India