 "automobile, scrappage, cars, auto, vehicles")
The official launch of a vehicle-scrapping programme, the broad provisions for which were announced in March this year, by the prime minister at a business summit in Gujarat reflects its significance. It aims to fulfil the multiple mandate of stimulating the economy by stoking demand for new vehicles as many western economies did after 2008 and of reducing vehicular pollution in Indian towns and cities. On paper, the policy, otherwise known as Voluntary Vehicle Fleet Modernisation Programme, has the potential to achieve both aims.
First, it sets specific start dates for the programme: April 2023 for heavy commercial vehicles over 15
