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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

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