Union Minister Nitin Gadkari has said that India will soon come out with a policy to scrap vehicles that are more than 15 years old. The policy aims at curbing rising vehicular pollution in the country. Commenting on the issue, Union Minister Nitin Gadkari told the media, "We have almost finalised the scrapping policy for vehicles with NITI Aayog. Vehicles completing 15 years or more would be scrapped.” Gadkari said India is bound to become the hub for automobile industry and the prices were bound to be cheaper as scrap could be used for production of autoparts among other things.
"Raw material for vehicles will be cheap ... plastic, rubber, aluminium and copper - all generated from scrap will be used for autopart generation besides other things," the minister said. As per reports, the Road, Transport and Highways Ministry had sent a concept note on Voluntary Vehicle Fleet Modernisation Programme (V-VMP) to the Committee of Secretaries on creating an ecosystem for voluntary scrapping and replacement of old polluting vehicles.