India Vehicle Scrappage Policy – A Perspective
by S S Rana & Co. – Leading IP Attorneys & Advocates
The rising air pollution in the major cities of the country is a major health and environment concern with 65% of total air pollution caused by older commercial vehicles plying on road. To arrest this issue, the Ministry of Road Transport and Highways is slated to scrap vehicles older than 20 years under the vehicle scrappage policy or voluntary vehicle fleet modernization program, first mooted in 2016.
A scrappage policy is a government-funded programme to promote the replacement of old vehicles with modern ones. A vehicle scrappage programme is usually intended to stimulate the automotive industry as well as taking obsolete and more polluting vehicles off the road. It proposes to remove old commercial vehicles off the road and moot creation of an ecosystem to promote scrapping and recycling.
The policy is expected to considerably impact environmental sustainability and give thrust to automobile sector by creating new demand. The policy can be viewed as an extension of NGT ruling for Delhi-NCR whereby diesel vehicles older than 10 years were ordered to stop plying on the road. Similar policies have been implemented in countries like US, UK, China, Indonesia etc. to drive auto industry and reduce pollution.
Key Provisions of Draft Policy:
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3 Crucial Things so that Only EVs Sold after 2030.
by Anuj Guglani, CEO World Auto Forum
The entire world going Ga-Ga over EVs. But we need these 3 crucial things in place before 100% EV, else we shall be creating a Bigger Monster!
There is a huge Buzz around EVs. The Buzz is not just regional, its a global one!
2 Years back at the SIAM annual convention, our Honble Transport Minister had shaken the entire Industry by giving the target of 100% EV Post 2030. It sent most auto makers to their war rooms. A few weeks thereafter, the govt went soft on the deadline, for an industry already overburdened with BS6, New Safety Rules, CCI Norms, Dealer Inventories, NBFC Meltdown, GST, Phew!
Continue reading “3 Crucial Things so that Only EVs Sold after 2030.”