Government Pushes New Incentives for Scrapping BS-II Vehicles

Date:

The Ministry of Road Transport and Highways (MoRTH) has proposed new incentives to encourage the scrapping of vehicles that comply with outdated Bharat Stage-II (BS-II) emission norms. This initiative is part of the government’s broader plan to promote cleaner and greener transportation in India while addressing environmental concerns.

The proposal includes financial benefits, such as tax rebates on purchasing new vehicles, waivers on registration fees, and discounts from automobile manufacturers for individuals scraping their old BS-II vehicles. Additionally, states may be encouraged to offer further benefits like reduced road taxes for buyers replacing scrapped vehicles. These measures aim to accelerate the transition to newer, fuel-efficient, and less polluting vehicles that comply with current emission standards.

BS-II vehicles, which were introduced in 2001, are now considered obsolete and contribute significantly to air pollution. The scrappage policy aligns with India’s commitment to reducing its carbon footprint and adopting sustainable practices.

With over 10 million vehicles eligible for scrapping, this initiative could rejuvenate the automobile market while enhancing road safety and air quality. The proposal awaits final approval and implementation, which is expected to provide significant relief to urban centers battling severe air pollution.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

18 − nine =

spot_img

Share post:

Subscribe

More like this
Related

New AI Assistant Launched to Guide and Transform India’s Building Industry

A new AI-powered assistant has been introduced to support...

2025’s Official TOP10 Construction Machinery Rankings Announced—Industry Leaders Unveiled

The 2025 TOP10 Annual List of the Construction Machinery...

RBI Cuts Repo Rate by 25 bps: What It Means for India’s Real Estate Sector

The Reserve Bank of India (RBI) has reduced the...

India’s AI Leap: TCS and OpenAI Move Toward Partnership for Major AI Infrastructure

Tata Consultancy Services (TCS) and OpenAI are reportedly in...