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GS Paper 2 Syllabus: Government Policies Source: ibef.org Context: As per the Ministry of Road Transport and Highways (MoRTH), 11 states and UTs have joined the National Single window system (NSWS) for the Voluntary Vehicle-Fleet Modernization Program (V-VMP). It will encourage private investment in the ecosystem for car recycling The National Single window system …
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GS Paper 2: Topics Covered: Government policies and interventions for development in various sectors and issues arising out of their design and implementation. Vehicle scrappage policy: Context: The Government is considering a proposal to give buyers additional concessions on buying new vehicles after scrapping of their old vehicles. The final decision (on providing more incentives …
Introduction: Union Transport Minister Nitin Gadkari announced the much awaited vehicle scrappage policy. Speaking in Lok Sabha, he said the policy aims to keep old polluting vehicles from plying on roads. He highlighted that there are 51 lakh vehicles in India which are older than 20 years, 34 lakh vehicles which are more than 15 …
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GS Paper 2 Topics Covered: Government policies and interventions for development in various sectors and issues arising out of their design and implementation. Vehicle scrappage policy: Context: Prime Minister Narendra Modi recently unveiled the National Automobile Scrappage Policy. About the Vehicle Scrappage Policy: Old vehicles will have to pass a fitness test before re-registration …
Topics Covered: Government policies and interventions for development in various sectors and issues arising out of their design and implementation. Vehicle scrappage policy: Context: Finance and Corporate Affairs Minister Nirmala Sitharaman has called for expediting the implementation of the vehicle scrappage policy. About the Vehicle Scrappage Policy: Old vehicles will have to pass a fitness …
Topics Covered: Government policies and interventions for development in various sectors and issues arising out of their design and implementation. Vehicle Scrappage Policy: Context: A Crisil Research analysis shows that the Centre’s scrappage policy is unlikely to have freight transporters queuing up to replace old vehicles with new ones. The scrappage volume of buses, passenger …
Context: India finally got its formal vehicle scrappage policy well, somewhat. The point is that now that it is here, lots of people from different sections of the industry have opinions and takes on India’s vehicle scrappage policy. The much-awaited vehicle scrappage policy announced by the Transport Ministry, coming after the move for a …
Continue reading “Insights into Editorial: Junk inefficiency: On vehicle scrappage policy”
