IASbaba's Flagship Course: Integrated Learning Programme (ILP) - 2024 Read Details
Search 19th March, 2021 Spotlight here: http://www.newsonair.com/Main_Audio_Bulletins_Search.aspx
TOPIC: General Studies 2:
- Government policies and interventions for development in various sectors and issues arising out of their design and implementation.
In News: Union Transport Minister Nitin Gadkari announced the much awaited vehicle scrappage policy and said the policy aims to keep old polluting vehicles from plying on roads.
Salient Features
Benefits of the Policy
Challenges
What more can be done?
Conclusion
Very few vehicles would actually be older than 20 years in the current vehicular population- CRISIL Research said in its policy analysis. Analysts said the benefit offered under the scrappage policy would be 15% of the vehicle’s price. But this advantage would be muted as prices of diesel vehicles were expected to rise 10-15% once the new norms (BS-VI) come into force.
Connecting the Dots: