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Union Minister Nitin Gadkari Inaugurated Maruti Suzuki And Toyota Tsusho Group’s First Government-approved Scrapping And Recycling Facility In Noida – Vehicle Scrapping

Summary

Union Minister Nitin Gadkari on Tuesday inaugurated the first government-approved scrapping and recycling facility for End-of-Life Vehicles (ELVs) of Maruti Suzuki and Toyota Tsusho Group in Noida.

Union Minister Nitin Gadkari inaugurates the vehicle scrapping unit jointly developed by Maruti Suzuki and Toyota in Noida on Tuesday
– Photo : Twitter/@nitingadkari

Union Minister Nitin Gadkari on Tuesday inaugurated the first government-approved scrapping and recycling facility for End-of-Life Vehicles (ELVs) of Maruti Suzuki and Toyota Tsusho Group in Noida. Spread over 10,993 square meters, this facility will be run by Maruti Suzuki Toyotsu India Private Limited (Maruti Suzuki Toyotsu India Private Limited).

The scrappage plant, built with an investment of Rs 44 crore, is in accordance with the vehicle scrappage policy of the Centre. The facility will have a capacity to scrap 2,000 vehicles every month and it will take a little over three hours to scrap a single vehicle.

what will be its benefits
Addressing the event, Gadkari said, “Scrappage policy will be one of the major factors to control pollution. Older cars cause a lot more pollution than newer cars, so they need to be scrapped in a phased manner. We expect sales to increase by 10-12 per cent due to scrappage policy.” He further added, “Old vehicles cause pollution which is a big problem for the society. Scrapping is very important for the economy. We will get all the raw materials at low cost by which we can reduce the cost of production.”
Maruti’s important suggestion
Kenichi Ayukawa, MD & CEO, Maruti Suzuki India Limited said, “Like many countries, we need a policy where vehicle fitness is checked every 3 to 4 years. We don’t need to wait 15 years. Is.”

employment will increase
Gadkari also said that the Center is planning to start at least a few such vehicle recycling or scrapping centers in every district of the country. The minister said such a move would not only ease the process of dismantling old cars. Rather, it will also create more jobs, boost the economy and help reduce vehicular pollution.
Zero emission target
Gadkari said, “The annual turnover of the auto sector is Rs 7.5 lakh crore. The target is to take it to Rs 15 lakh crore in the next 5 years. India’s target is to have net-zero emissions by the year 2070 and this is very important for us. I believe scaping policy is one of the solutions,” .

Scraping will get tax exemption
He also revealed that the government is considering a proposal to give more tax concessions on vehicles purchased after scrapping old vehicles. “GST revenue for both the Center and the states will increase due to the scrappage policy. I will discuss with the finance ministry how to provide more (tax-related) concessions under the new vehicle scrapping policy,” he said.

What is the new vehicle junk policy
Prime Minister Narendra Modi launched the National Automobile Scrappage Policy in August this year. The National Vehicle Junk Policy will be implemented from April next year. The Vehicle Scrappage Policy Rules, likely to be called the Central Motor Vehicles (23rd Amendment) Rules, 2021, will come into force from April 1, 2022.

Voluntary vehicle scrapping policy aims to eliminate old and unfit vehicles in a phased manner. According to this, it will be mandatory for personal vehicles to undergo a fitness test at an automated center after 20 years, while commercial vehicles will have to undergo the test after 15 years.

In this policy, a limit of 20 years for private vehicles and 15 years for commercial vehicles has been fixed for Automated Fitness Test. Under this policy, if the owners decide to scrap such old vehicles, they will get 5 percent incentive on buying a new vehicle.
Renewing old car registration will be expensive
Vehicles not meeting the prescribed standards will not be registered with the Regional Transport Office (RTO). Owners of vehicles older than 15 years will have to pay eight times more to renew the registration. At present, the charge for renewing the registration of old vehicles is Rs 600. In the new policy, the registration renewal fee for cars older than 15 years has been fixed at Rs 5,000.

Similarly, to renew the registration of a 15-year old bike, instead of the existing fee of Rs 300, Rs 1,000 will have to be paid. The registration renewal fee for imported bikes and cars will be more expensive. This fee will be Rs 10,000 for imported bike and Rs 40,000 for imported car.

For a fitness renewal certificate of a bus or truck that is more than 15 years old, Rs 12,500 will be charged. At present, a fee of Rs 1500 has to be paid for this. If the vehicle is a medium goods or passenger vehicle, then its fee will be Rs 10,000.

Expansion

Union Minister Nitin Gadkari on Tuesday inaugurated the first government-approved scrapping and recycling facility for End-of-Life Vehicles (ELVs) of Maruti Suzuki and Toyota Tsusho Group in Noida. Spread over 10,993 square meters, this facility will be run by Maruti Suzuki Toyotsu India Private Limited (Maruti Suzuki Toyotsu India Private Limited).

The scrappage plant, built with an investment of Rs 44 crore, is in accordance with the vehicle scrappage policy of the Centre. The facility will have a capacity to scrap 2,000 vehicles every month and it will take a little over three hours to scrap a single vehicle.

what will be its benefits

Addressing the event, Gadkari said, “Scrappage policy will be one of the major factors to control pollution. Older cars cause a lot more pollution than newer cars, so they need to be scrapped in a phased manner. We expect sales to increase by 10-12 per cent due to scrappage policy.” He further added, “Old vehicles cause pollution which is a big problem for the society. Scrapping is very important for the economy. We will get all the raw materials at low cost by which we can reduce the cost of production.”

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