National auto waste policy and what it means for Indian car owners-Technology News, Firstpost

In its preparations since 2015, India’s National Car Elimination Policy was officially announced today August 13, 2021. At the Investor Summit in Gandhinagar, Gujarat, Indian Prime Minister Narendra Modi announced a national policy abandonment of cars in front of Nitin Gadkari. , Minister of Road Transport and Highways, Prime Minister of Gujarat Vijay Rupani. In his presentation, Gackari said the vehicle elimination policy is a step required by India’s commitment to the Paris Agreement. It also aims to give the long-awaited boost to the country’s automotive and manufacturing sectors.

Why do you need a vehicle disposal policy?

To promote clean mobility, it is necessary to reduce the country’s fuel import bill, and at present there is an urgent need to reduce emissions. Gadkari noted that several crore vehicles on Indian roads contribute significantly to higher levels of pollution and that fuel economy tends to decline as life approaches. In addition, he stressed that these vehicles are also inherently dangerous and can pose a threat to occupants and other road users.

What does the vehicle disposal policy offer?

Volunteer Vehicles – As part of the Fleet Modernization Program (VVMP), the government will install 450-500 automated vehicle proficiency testing stations across India on the basis of a public-private partnership (PPP) involving private companies and state governments. I plan to do it. A total of 60 to 70 vehicle disposal centers will also be built, and Gackari says it will be located 150-200 kilometers from any part of India. A total of seven agencies, including six from Gujarat and one from Assam, today signed a memorandum of understanding with the government on the project.

The disposal policy leaves the choice of disposal up to the vehicle owner, and Gackari says automated testing focuses on vehicle suitability, not vehicle age. Passenger cars over 20 years old are required to pass an aptitude test at an estimated cost of Rs.300-400 per test. A “green tax” is levied on vehicles that pass the automated test. This will require the owner to collect an additional 10-25% of road tax and pay a re-registration fee when renewing the vehicle’s fitness certificate. .. However, if you choose to drive a vehicle that does not pass the automated tests, you will be subject to considerable penalties and those vehicles may also be detained.

When will the vehicle disposal policy come into effect?

The implementation of the vehicle scrapping policy in India is still a long way off. Initially, large commercial vehicles will have to pass the aptitude test from April 1, 2023, but from June 1, 2024, all other types of vehicles will have to pass the aptitude test in stages.

What are the advantages for vehicle owners of disposing of their vehicles?

When the vehicle is scrapped, the owner receives 4-6% of the price before the old vehicle’s showroom and proof of scrapping. This gives individuals a 25% road tax refund and exemption from registration fees. There is also a 5% discount on pre-showroom costs for new cars offered by car manufacturers. This makes new cars cheaper for those who get rid of old cars, with discounts ranging from 30,000 rupees (for 6 rupees cars) to 50,000 rupees (for 10 rupees cars). There is a possibility.

Passenger cars over 20 years old must pass an automated aptitude test. Image: dreambase via pixabay

The government predicts that over time scrapping old vehicles and replacing them with new ones will provide significant financial benefits to drivers, in addition to reducing emissions and improving fuel efficiency. The Secretary of Road Transport and Highways, Giridhar Aramane, initially estimates that owners of old compact sedans can benefit up to 1.15 rupees in three years by getting rid of their vehicles and buying new ones. Make. Reduced fuel and maintenance costs.

What are the other benefits of a vehicle disposal policy?

The National Automobile Scrapping Policy will attract more than Rs 100 billion in investments and create 50,000 jobs in the country. Gackari explained that proper recycling of raw materials from scrap metal can reduce imports of materials such as aluminum, copper and steel. It is estimated that raw material costs are reduced by up to 40%, since up to 99% of materials used in vehicles can be recycled. This will make auto manufacturer components cheaper and increase GST revenues from Rs 30,000 to Rs 40,000 for state and central governments.

In addition, the materials needed for the local production of lithium-ion batteries used in electric vehicles can be extracted from the scrap of old vehicles, which can stimulate the growth of the EV business.

National auto waste policy and what it means for Indian car owners-Technology News, Firstpost

Source link National Automotive Waste Policy and what it means for Indian car owners-Technology News, Firstpost

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