Hello everyone, in this article, we are going to explain to you the new vehicle scrappage Policy 2021-22 in India and what are the pros and cons of the new vehicle policy. If you like our work then please share it with other too and if you have any question then ask us in the comment box below.
After the announcement of the new Vehicle Scrap policy in the Union budget 2021-22, many types of questions have come to the mind of people especially those who have old vehicles like old cars and old bikes.
Many people are scared of what will happen to their old vehicles after the implementation of the new vehicle policy 2021-22. According to a survey, approximately 55% of vehicles in India are old and what will happen to them after this policy will take effect in 2022.
Vehicle scrapping means if your vehicle has exceeded the expiry date of fitness registration or older than 20 years then it should be scrapped. You may have an emotional attachment with your old vehicle but for a better environment, it is recommended for you to scrap your old vehicle.
The other option for your old vehicle is to convert it into an electric vehicle which will make your vehicle eco-friendly too. To know how to convert you old vehicle to electric read this –Old Car Converted To Electric Car | Old Sedan Petrol To EV
To scrap your old vehicle, you need to visit your nearest scrapyard and ask them for better offers. There are some of the points which you need to follow when scrapping your old vehicle.
One very important point you should remember while scrapping your vehicle is that the dealer has actually scrapped your vehicle or not. Because if your vehicle is not scrapped properly and used for illegal activities then you could face trouble because of that.
The new scrapping policy is beneficial for the country in many ways. The automobile sector is facing losses for a couple of years and this new scrapping policy will help the automobile industry to recover its losses. some of the pros of the new policy are mentioned below..
Union Minister of Road, Transport, and Highways Nitin Gadkari has said the policy will offer benefits to buyers of new vehicles who opt to scrap their old vehicles.
Nitin Gadkari also said that private vehicles that used to be scraped in 15 years will now be scrapped in 20 years. And for the commercial vehicle, it will be 15 years.
He also added “Those going for the scrapping of their vehicles will get some benefits from the manufacturers. In fact, scrapping policy will prove to be a boon… not only it will boost the economy, benefit automobile sector but also check vehicular pollution”
When will the new vehicle scrap policy apply?
The new Vehicle scrap policy will be applicable from 2022
What is the new vehicle scrap policy?
In the new vehicle scrap policy, if your private vehicle has completed 20 years then it will be liable for scrapping and if your commercial vehicle has completed 15 years then it will be liable for scrapping.
Will our vehicles be seized based on new vehicle scrap policy?
If your vehicle is 15 years old then you need to get the fitness certificate from the nearest fitness certificate center.
How many years will the commercial vehicle be valid?
The commercial vehicles will be valid for 15 years
How many years will the private vehicle be valid?
The private vehicles will be valid for 20 years.
Will there be any incentive from the government in exchange for giving the old vehicle?
Yes, as per Nitin Gadkari Those going for the scrapping of their vehicles will get some benefits from the manufacturers. In fact, scrapping policy will prove to be a boon for them.
What will be the use of old vehicles?
The old vehicle will be scrapped and all the working parts will be sent for reselling and the remaining parts will be recycled.
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