Vehicle Scrapping Facility

Published on May 08, 2022
Current Context: The union transport ministry has given nod to the vehicle scrapping units within 150 km of the city centers.
Vehicle Scrapping Facility
  • 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

Can I help you?

ramandeep singh

Hey I am Ramandeep Singh. I am determined to help students preparing for RBI, SEBI, NABARD and IBPS exams. Do you want me to help you ?

Join my class here
    Follow me:
Close Menu
Close Menu