Page 2 - Scrappage Policy
Budget 2020: SIAM seeks incentive-based scrappage policy, GST rate cut
Seeking a turnaround in fortune, the auto industry has been seeking government support and reduce the burden of transition to BS-VI with lower GST rate
 "Budget 2020: SIAM seeks incentive-based scrappage policy, GST rate cut")
Auto scrappage policy targeting CVs a way to start revival: Sajjan Jindal
If we are to become a $5 trillion economy, then we need at least 7 per cent to 8 per cent GDP growth, if not higher, says Sajjan Jindal
 "Auto scrappage policy targeting CVs a way to start revival: Sajjan Jindal")
Govt rejects plea for extension to SEZ units for importing plastic scrap
The proposal was put forth for final approval earlier this month by the Board of Approval (BoA) for SEZs under the chairmanship of Anup Wadhawan, Secretary, Department of Commerce
 "Govt rejects plea for extension to SEZ units for importing plastic scrap")
Vintage cars to have special number plates, be exempt from scrappage policy
The move is aimed at helping collectors of such vehicles avoid harassments from enforcement agencies, an official said.
 "Vintage cars to have special number plates, be exempt from scrappage policy")
Auto stocks gain on report that Cabinet may approve scrappage policy today
Tata Motors, Mahindra & Mahindra, Bharat Forge and Ashok Leyland from the Nifty Auto index climbed 3 per cent each on the National Stock Exchange.
 "Auto stocks gain on report that Cabinet may approve scrappage policy today")
Scrappage policy may bring in stricter norms for pre-2005 built vehicles
A committee of secretaries (CoS) recommended to the ministry redesigning of the scheme
India's scrappage policy will pave the way to sustainable recycling of cars
The country that hosts the world's fourth largest automobile industry is a late starter in recycling of ELVs in an environmentally sustainable way
 "India's scrappage policy will pave the way to sustainable recycling of cars")
Auto scrappage policy a success globally, but govt must avoid the pitfalls
A well-implemented policy will not just help boost demand for motor vehicles, but will also help create jobs and alleviate the consumption and demand slowdown across demographics
 "Auto scrappage policy a success globally, but govt must avoid the pitfalls")
Scrappage policy may not increase new vehicle demand significantly:Crisil
The much-awaited policy has received a go-ahead from the Prime Minister's Office and is awaiting approval from the GST Council
 "Scrappage policy may not increase new vehicle demand significantly:Crisil")
New scrappage policy to add Rs 14,000 cr to union, state govts' kitty
Road transport minister Nitin Gadkari said the central government will gain Rs 4,000 cr while states will gain Rs 10,000 cr, and industry sales will grow 22%
 "New scrappage policy to add Rs 14,000 cr to union, state govts' kitty")
