Sign In
Learn bits
Schemes & Policies
Pradeep Kumar

14/08/21 10:50 AM IST

Vehicle Scrappage Policy

In news

The launch of Vehicle Scrappage Policy is a significant milestone in India’s development journey

Aim

To create a viable #circulareconomy & bring value for all stakeholders while being environmentally responsible.

Details
  • The Investor Summit in Gujarat for setting up vehicle scrapping infrastructure opens a new range of possibilities. 
  • Vehicle scrapping will help phase out unfit & polluting vehicles in an environment friendly manner.
  • Commercial vehicles over 15 years old and personal vehicles over 20 years old are marked for scrapping — it doesn’t matter if they run on diesel or petrol — if they fail an automated fitness test.
  • These will be deregistered; the owner can choose to scrap them, but cannot use them on the road.
Circular economy
  • A circular economy depends on reuse, sharing, repair, refurbishment, remanufacturing and recycling of resources to create a closed-loop system, minimising the use of resources, generation of waste, pollution and carbon emissions.
  • When a car is scrapped, apart from metals including iron and steel, many other parts may emerge that can be refurbished and ploughed back into use.
  • Recycled steel from scrap, even seats and plastic parts, have value in the scrap economy.
  • It is similar to the economic activity of scrappage of old ships, like in Alang shipbreaking yard in Gujarat.
Source: Indian Express, PIB

More Related Current Affairs View All

18 Nov

AFSPA in Manipur

'The Manipur government has formally requested the Centre to reconsider and revoke the reimposition of the Armed Forces (Special Powers) Act (AFSPA) in six police station areas of

Read More

18 Nov

BS-III petrol and BS-IV diesel four-wheelers

'With high levels of pollution in Delhi and smog blanketing the city, the Delhi government has introduced measures to improve the air quality.' The Graded Response Action Plan (

Read More

18 Nov

India’s first long-range hypersonic missile

'The Defence Research and Development Organisation (DRDO)  conducted a successful flight test of long range hypersonic missile from the Dr APJ Abdul Kalam Island off the Odish

Read More

India’s First Ai-Driven Magazine Generator

Generate Your Custom Current Affairs Magazine using our AI in just 3 steps