Soon, policy to scrap vehicles above 10 yrs to check pollution
NEW DELHI, Dec 5, 2015, dhns:
Union Road Transport Minister Nitin Gadkari on Friday said the government will soon come out with an integrated policy to scrap commercial vehicles that are over 10-year-old to check rising air pollution.
The policy envisages tax exemptions and discounts totalling up to Rs 2.5 lakh on vehicles purchased for about Rs 10 lakh at the time of new purchase, he told reporters here.
“We will form such a policy that more than 10-year-old vehicles will be scrapped. The cost of vehicle will be valued at 10 to 15 per cent of original cost. If vehicle cost is Rs 10 lakh, scrap will be 10 per cent of it,” the minister said.
However, the minister clarified that there is no such decision at present to ban 15 years old commercial vehicles (CVs). “Stating that “no policy can be in piecemeal without Cabinet approval,” Gadkari said.
The policy envisages tax exemptions and discounts totalling up to Rs 2.5 lakh on vehicles purchased for about Rs 10 lakh at the time of new purchase, he told reporters here.
“We will form such a policy that more than 10-year-old vehicles will be scrapped. The cost of vehicle will be valued at 10 to 15 per cent of original cost. If vehicle cost is Rs 10 lakh, scrap will be 10 per cent of it,” the minister said.
However, the minister clarified that there is no such decision at present to ban 15 years old commercial vehicles (CVs). “Stating that “no policy can be in piecemeal without Cabinet approval,” Gadkari said.
0 comments:
Post a Comment