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ARTICLE · 25 NOVEMBER 2021

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INDIA NOTIFIES THE REGULATORY FRAMEWORK FOR SCRAPPING END-OF-LIFE VEHICLES (ELVs)

Shardul Amarchand Mangaldas & Co
Shardul Amarchand Mangaldas & Co
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Shardul Amarchand Mangaldas & Co

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The Prime Minister of India launched the National Automobile Scrappage Policy ("Policy") in August, 2021 with an objective to phase out unfit and polluting vehicles plying on Indian roads...

IndiaEnvironment
Nawneet Vibhaw
Nawneet Vibhaw
Himanshu Pabreja
Himanshu Pabreja
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India Notifies The Regulatory Framework For Scrapping End-Of-Life Vehicles (ELVs)

Introduction

The Prime Minister of India launched the National Automobile Scrappage Policy (“Policy”) in August, 2021 with an objective to phase out unfit and polluting vehicles plying on Indian roads in an environment friendly and safe manner. Hailing the concept of “modernity in mobility”, Prime Minister announced that the Policy will ensure cleaner emissions, fuel efficiency, better safety and promotion of a circular economy which will ultimately make the process of economic development more sustainable and environment friendly. This announcement was in line with the Finance Minister's announcement on the Policy in the Budget for FY 2021-2022.

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