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Search 19th March, 2021 Spotlight here: http://www.newsonair.com/Main_Audio_Bulletins_Search.aspx 

TOPIC: General Studies 2:

In News: Union Transport Minister Nitin Gadkari announced the much awaited vehicle scrappage policy and said the policy aims to keep old polluting vehicles from plying on roads.

Salient Features

Benefits of the Policy

Challenges

What more can be done?

Conclusion

Very few vehicles would actually be older than 20 years in the current vehicular population- CRISIL Research said in its policy analysis. Analysts said the benefit offered under the scrappage policy would be 15% of the vehicle’s price. But this advantage would be muted as prices of diesel vehicles were expected to rise 10-15% once the new norms (BS-VI) come into force.

Connecting the Dots:

  1. In what ways will Vehicle Scrappage Policy boost the auto sector?
  2. How significant will the implementation of Vehicle Scrappage Policy be towards reducing pollution?

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