Budget's vehicle scrappage policy: How the idea works in other countries

Personal vehicles older than 20 years and commercial vehicles more than 15 will be eligible for exchange, according to Budget 2021

Personal vehicles older than 20 years and commercial vehicles more than 15 will be eligible for exchange, according to a new voluntary vehicle scrappage policy Finance Minister Nirmala Sitharaman announced on Monday in her Budget speech.

All such vehicles would have to undergo fitness tests after that period. Here is how scrappage work in some other parts of the world.

Germany: The country has one of the most ambitious scrappage programmes in Europe, incentivising car owners with a $3,320 discount when trading a car older than nine years for a new one. Old cars were not to be re-used but