Vehicle Scrappage in India
Significance
- Reduction of Pollution: When unfit cars are scrapped, air pollution will drop and air quality will rise. It is anticipated that less harmful and environmentally friendly vehicles, such as electric vehicles, would replace them.
- Boost the Indian Auto Industry: Over 50 lakh private and commercial light motor vehicles have an average age of over 20 years. New cars would be in more demand when older ones are discarded and replaced, which will benefit the Indian auto sector.
- Increasing Employment: The scrappage programme will benefit the economy overall by generating more job possibilities. For example, new auto recycling plants will need ....
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