- The vehicle scrapping policy that was introduced in the Budget 2021-22, mandates that Private vehicles older than 15 years and commercial vehicles older than 10 years will have to be scrapped.
- As per the policy, the vehicle scrapping units would fetch around 35,000 fresh jobs and would add more than 6.5 lakh crore to the automobile industry of India which is worth 4.5 lakh crore, as of now.
- The setup of scrapping units within 150 km of the city centers would be very beneficial, looking at the transportation cost.
Question:
Q.1 When was the Vehicle Scrapping policy introduced?a. 2019
b. 2020
c. 2021
d. 2022
