Which government scheme aims to phase out unfit and polluting vehicles from India's roads to reduce emissions and boost automotive industry recycling?
Show answer & explanation
Correct answer: B
Explanation
Answer: Voluntary Vehicle Fleet Modernisation Programme
Explanation: The Voluntary Vehicle Fleet Modernisation Programme (VVFMP), commonly known as the Vehicle Scrappage Policy, aims to remove old, unfit, and highly polluting vehicles from Indian roads. The goal is to reduce vehicular emissions, improve road safety, and promote recycling within the automotive industry by encouraging owners to voluntarily scrap old vehicles and replace them with newer, more efficient ones.
Additional Key Facts:
Officially launched as India’s Vehicle Scrappage Policy (2021).
Targets private vehicles older than 20 years and commercial vehicles older than 15 years (subject to fitness tests).
Aims to create a formal vehicle recycling ecosystem.
Offers incentives like tax rebates and discounts for new vehicle purchases.
Helps reduce air pollution and boost demand in the automobile sector.
Potential Exam-Oriented Questions & Answers:
Question: What benefits does the scrappage policy provide?
Answer: Tax benefits and incentives for new vehicle purchases.
Question: How does the policy help the environment?
Answer: By reducing vehicular emissions and pollution.