Delhi : The introduction of the "Vehicle Scrap Policy" is an important milestone in India's development journey. In fact, only after the introduction of this policy, "vehicle scraping infrastructure" was established in the country. Whereas till then no name-o-mark of any arrangement regarding vehicle scraping was visible. Under the leadership of PM Modi, the central government paid attention to this and considering it necessary, the vehicle scrap policy was started on "13 August 2021" last year. The Vehicle Scrap Policy will prove to be an important milestone in India's growth journey.
Modernization of vehicles in the country and removal of unsuitable vehicles from the roads
Significantly, the main function of this policy is to remove the polluting and unsuitable vehicles from vehicle scraping gradually and without harming the environment. Yes, this policy of the Central Government will play a big role in the modernization of vehicles in the country and the removal of unsuitable vehicles from the roads in a scientific manner. The big reason behind this is that the goal of clean, congestion-free and convenient transportation for 21st century India is the need of the hour. In such a situation, India aims to create an effective circular economy and create value-addition for all stakeholders while fulfilling its responsibility towards the environment. Today's India is committed to provide global standard safety and quality to its citizens and this thinking is the reason for moving from BS-4 to BS6.
Dream of PM Modi's 'Waste to Wealth' campaign is coming true
Remember, PM Modi had said about the "New Scrap Policy" that "this policy is an important link in the cyclical economy of wealth-creation from waste". Moreover, people with scrap certificate of old vehicle will not have to pay any registration fee for buying a new vehicle and will get exemption in road tax, that is different. Thus today the dream of PM Modi's “Waste to Wealth” campaign is being realized. People have started taking advantage of the 'New Scrap Policy'.
How to take advantage of scraping facility?
Are you also thinking of taking advantage of the new vehicle scrapping facility? If yes, then this news becomes even more special for you. Actually, now the process of vehicle scraping has become very easy. Yes, the Union Ministry of Road Transport and Highways has released the draft notification for registration and works of vehicle scraping facility. The draft notification regarding the Motor Vehicles (Registration and Vehicle Scraping Facility Amendment Act) Rules, 2022 has been issued on '10 March 2022'. These are amendments to the Motor Vehicles (Registration and Functions of Vehicle Scraping Facility) Rules dated 23 September 2021, which lay down the procedure for setting up a Registered Vehicle Scraping Facility (RVSF). These amendments have been made to simplify and digitize the process of vehicle scraping for all stakeholders of the ecosystem, such as vehicle owners, RVSF operators, dealers, regional transport authorities etc. These amendments have been made based on the feedback received on the rules. The processes are time bound to ensure ease of doing business.
Now the process of vehicle scraping is very easy
The Central Government has made the process of vehicle scraping even easier. Under which the central government has made various amendments…
Provision for vehicle owners to apply for vehicle scrapping digitally. All applications for scrapping of vehicles will be submitted digitally. To help vehicle owners apply for scrap digitally, RVSFs will act as facilitation centres.
- Specified the necessary checks to be done from the vehicle database before the vehicle owner submits the application. These investigations include – hire-purchase, submission of lease or concept agreement of the vehicle, no criminal record against the vehicle in National Crime Records Bureau records, no dues on the vehicle and blacklisting of the vehicle by regional transport authorities. There is no record of Applications will not be submitted for vehicles that fail any of these tests.
Initiation of undertaking by the vehicle owner and RVSF operator at the time of submission of the vehicle will ensure that there is transparency in the responsibility of the vehicle before and after it is submitted for scrapping.
- Inclusion of more details in the certificate of deposit relating to the vehicle submitted for scrapping, so as to enable transparency in the business of the said certificate. The above certificates will be available digitally to the vehicle owners and will have a validity period of 2 years.
– Introduction of Transfer Certificate of Deposits to ensure that digital proof of transactions is with the consumers who have obtained the Certificate of Deposit through electronic trading.
Registration and function everything will be online
That is, according to the new rules, there is a provision to apply for vehicle scrapping digitally. All the applications for vehicle owner scraping will be submitted digitally. That is, the owner of the vehicle has to apply for vehicle scrapping digitally.
Registered Vehicle Scraping Facility Operators will act as Facilitation Center
If a person applies for vehicle scrapping digitally If there is any complication or difficulty in doing so, RVSF will act as facilitation center to help. Due to this facility the Registered Vehicle Scraping Facility has become even more simple now.
Provision for criminal investigation on the basis of database
The required checks to be done from the “Vahan” database have been specified by the vehicle owner before submission of the application. These investigations include – hire-purchase, submission of lease or concept agreement of the vehicle, no criminal record against the vehicle in National Crime Records Bureau records, no dues on the vehicle and blacklisting of the vehicle by regional transport authorities. There is no record of Applications will not be submitted for vehicles that fail any of these checks.
Ensure transparency at the time of vehicle submission and the entire process thereafter
Initiation of undertaking by the vehicle owner and RVSF operator at the time of submission of the vehicle will ensure that there is transparency in the responsibility of the vehicle before and after it is submitted for scrapping.
New avenues of possibilities will open
All these changes will give a new identity to the mobility and motor sector of New India and will open new directions of possibilities. The New Vehicle Scraping Facility and India's "Vehicle Scrap Policy" follow the principle of 'Re-use, Re-cycle, Recover' and also encourage to make the country "self-reliant" in the vehicle sector and metal sector.
investment will get a boost
Apart from this, the scrapping policy will bring new investment of more than 10 thousand crore rupees and on the basis of which thousands of jobs will be created in the country. Bringing modernity in transport facilities will not only reduce the burden of travel and transport, but it will also prove helpful in economic development.
the profit
The new scrap policy will greatly benefit the general public in every way. The first benefit would be that a certificate would be given on scrapping the old vehicle. Those who have this certificate will not have to pay any money for registration when they buy a new vehicle. Along with this, they will also be given some exemption in road tax. Another benefit would be that it would save on maintenance cost, repair cost and fuel efficiency of the old vehicle. The third benefit is directly related to life. There will be some relief in road accidents due to old vehicles and old technology. The fourth benefit would be that it would reduce the harmful effects of pollution on our health.
India had to import scrap steel worth 23,000 crores
It may be noted that in the year 2020, India had to import scrap steel worth 23,000 crores because our scrap is not fit for production related purposes and we are not able to recover energy and rare earth metals. This new policy will give new energy and security to the scrap related sector. Employees and small entrepreneurs will get a safe environment. Along with this, benefits will be available like the employees of other organized sectors. They will be able to work as collection agents for the authorized scrapping centres.
