In a bold move towards environmental sustainability, the Delhi Government is set to introduce a pioneering scrap policy that incentivizes vehicle owners to retire their old vehicles. Under this initiative, individuals scrapping their old vehicles will be eligible for a substantial subsidy of INR 50,000 when purchasing a new vehicle. This policy not only aims to rejuvenate Delhi’s roads but also contribute to a cleaner and greener urban environment.
Decoding Delhi’s Scrap Policy: A Holistic Overview
Key Aspects of the Scrap Policy:
- Awaiting financial approval, the Transport Department’s proposed policy targets the reduction of older, more polluting vehicles.
- In the fiscal year 2021-22, 48.77 lakh vehicles were de-registered, with only 83,240 obtaining No Objection Certificates (NOC).
- Over the past three financial years, more than 55 lakh vehicles have been de-registered, and around 1.5 lakh vehicles have been scrapped.
Process of Availing the Subsidy:
- Subsidy of INR 50,000 is not immediate; vehicle owners receive a certificate upon scrapping.
- The certificate must be presented during the purchase of a new vehicle to avail of the subsidy.
- Government’s intention to phase out vehicles over 15 years old, with a potential fee for retaining such vehicles.
Environmental Impact and Progressive Benefits:
The Delhi Government’s proactive scrap policy is a pivotal step towards tackling environmental pollution and fostering the adoption of newer, less polluting vehicles. By providing a significant financial incentive for scrapping older vehicles, the government envisions modernizing the vehicle landscape on Delhi’s roads. This strategic move aligns with broader efforts to create a cleaner and more environmentally friendly capital city.
The Road Ahead: With the proposed scrap policy, the Delhi Government aims to reshape the urban mobility landscape. This endeavor is not just about scrapping old vehicles; it’s a visionary step towards transforming Delhi into a hub of green mobility. The environmental benefits and the push towards modernization in vehicular fleets position Delhi at the forefront of sustainable urban development.
