'Vehicle scrapping policy to provide ₹14k crore'
The draft vehicle scrapping policy will provide a combined benefit of ₹14,000 crore to the Centre and states, Union Minister Nitin Gadkari said on Tuesday. He added that it could drive the auto industry's growth by 22%. The proposed policy, which could curb pollution by reducing vehicular emissions by 25-30%, will soon be sent to the Cabinet, he said. 