New Delhi: Nitin Gadkari, Minister for Road, Transport and Highways, said on Wednesday that his ministry has prepared a draft of vehicle scrapping policy for commercial vehicles.
He expressed hope that the pending proposals wth the Finance Ministry will be cleared soon.
“We have already prepared the draft, but some of the problems are related with different stakeholders. We need cooperation from the manufacturers, and, at the same, time clearance from the Finance Ministry,” Gadkari said at an event in New Delhi.
The proposed policy aims to ban 20-year-old commercial vehicles with effect from April 1, 2020. The policy will allow the buyers to scrap their old vehicles and get a scrapping certificate after which they would not have to pay the registration fee for their new vehicle.
“We are in the process. My ministry is trying its level best to clear it as early as possible. I am confident that we will bring the scrapping policy in a short period,” he said.
ALSO READ: Is the Gujarat government’s move to reduce traffic fines ill-founded?
He also urged the stakeholders in the automobile industry to give their suggestions regarding various policies related to the sector.
On the other hand, he also talked about the revised traffic fines: “This isn’t a revenue income scheme, are you not worried about deaths of 1,50,000 people? If the state governments want to reduce this, is it not true that people neither recognise law nor have fear of it.”