Vehicle Scrapping: More sops to boost scrapping of old vehicles in works

Vehicle Scrapping: More sops to boost scrapping of old vehicles in works

India is looking at extending additional sops for scrapping old vehicles amid a lacklustre response from owners to the current set of incentives, according to officials aware of the move. The government has initiated a comprehensive inter-ministerial review of the registered vehicle scrapping facility (RVSF) policy to examine the issues and identify additional incentives. The … Read more