All About How To Scrap Your Old Vehicle Under The New Vehicle Scrappage Policy 2021
Like every other machine, vehicles come with a fixed lifespan and they also experience wear and tear over time. As the days go by, driving vehicles has become increasingly troubles some. This is due to reasons like low availability of spare parts, advances in automotive technologies, strict fuel rules, and sometimes the use of too many vehicles on the road. This is, in turn, caused by more people buying additional vehicles. This means that while owners hold on to the old vehicle, they purchase a new one thus increasing the total amount of vehicles on the road.In February 2021, the Union budget was announced. Among other things, Indian Finance Minister Nirmala Sitharaman announced the vehicle Scrappage Policy. Does this mean you have to scrap your old vehicle? How old does it have to b...