 "Nitin Gadkari")
Vehicle owners willing to scrap their old ones are likely to get incentives as union minister for road transport and highways Nitin Gadkari unveiled the vehicle scrapping policy on Thursday.
The union government proposed to offer a road-tax rebate of up to 25 per cent for personal vehicles and up to 15 per cent for commercial vehicles.
The vehicle manufacturers are also advised to provide a discount of 5 per cent on purchase of new vehicle against the scrapping certificate.
In addition, the registration fee may also be waived for purchase of new vehicle against the scrapping certificate.
Scrap value for
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