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Auto scrappage policy a success globally, but govt must avoid the pitfalls

A well-implemented policy will not just help boost demand for motor vehicles, but will also help create jobs and alleviate the consumption and demand slowdown across demographics

Topics
Scrappage policy | vehicle scrapping policy | Car scrapping

Arup Roychoudhury  |  New Delhi 



vehicle scrap
Wikimedia Commons | Representative Image

If the success of any policy is measured by how much it resonates with various governments around the world, then the automobile has been quite successful. In the aftermath of the 2008 global financial crisis, more than 18 nations had implemented as a way to combat economic slowdown.

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First Published: Wed, September 04 2019. 15:07 IST

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