National Automobile Scrappage Policy

Inaugurating the new Maruti Suzuki Toyotsu Vehicle Scrapping facility in Noida, Union Minister Nitin Gadkari said that the National automobile scrappage policy will help in increasing automobile sales by 10 to 12 per cent.

The National Automobile Scrappage Policy will benefit all stakeholders as it will boost manufacturing, create jobs and help both the Centre as well as state governments in earning up to Rs 40,000 crore each in GST, Nitin Gadkari said.

Prime Minister Narendra Modi today launched the National Automobile Scrappage Policy and said the initiative will promote a circular economy and make the process of economic development more sustainable and environment-friendly.

Inaugurating the new Maruti Suzuki Toyotsu Vehicle Scrapping facility in Noida, Union Minister Nitin Gadkari said that the National automobile scrappage policy will help in increasing automobile sales by 10 to 12 per cent.

The National Automobile Scrappage Policy will benefit all stakeholders as it will boost manufacturing, create jobs and help both the Centre as well as state governments in earning up to Rs 40,000 crore each in GST, Nitin Gadkari said.

Prime Minister Narendra Modi today launched the National Automobile Scrappage Policy and said the initiative will promote a circular economy and make the process of economic development more sustainable and environment-friendly.