You are here: Home » Budget » News
Budget 2021: Vehicle scrappage policy to help commercial vehicle makers
Mahindra & Mahindra total sales dip 25% to 39,149 units in January
Business Standard

Budget's vehicle scrappage policy: How the idea works in other countries

Personal vehicles older than 20 years and commercial vehicles more than 15 will be eligible for exchange, according to Budget 2021

Topics
Budget 2021 | Nirmala Sitharaman | Scrappage policy

BS Web Team  |  New Delhi 



used car, second-hand cars, auto demand, automobile, cars, vehicles, hyundai
Finance Minister Nirmala Sitharaman announced scrappage policy on Monday in her Budget speech.

Personal vehicles older than 20 years and commercial vehicles more than 15 will be eligible for exchange, according to a new voluntary vehicle Finance Minister announced on Monday in her Budget speech.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Mon, February 01 2021. 12:42 IST

RECOMMENDED FOR YOU