India's vehicle scrappage policy 2021 and how it bolster EV Sector.
BY AFZAL YOUSAF Union Budget 2021-22 was announced and Finance minister Nirmala Sitharaman presented the budget. As an EV Enthusiast, the biggest point we can take away from the finance minister's speech is the official announcement of Vehicle scrappage policy in India. After the official announcement Union Minister for Road Transport and Highways Nitin Gadkari, shed some lights on highlights of the policy. More details of the policy is expected to be revealed in coming days. In this article, you can read key points of India's vehicle scrappage policy and how it boosts EV Sector . Key points of Vehicle Scrappage policy 1 . As per vehicle scrappage policy, private vehicles which are over 20 years older and commercial vehicles over 15 years older will have to undergo fitness tests. 2 . On Public Private partnership (PPP), Fully automated fitness test facilities will be set up which will allow no scope for human intervention or fudging of test result...