Nitin Gadkari: Govt to announce scrappage policy shortly: Nitin Gadkari

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NEW DELHI: Road Transport Minister Nitin Gadkari that the government is working on a vehicle scrapping policy and will announce it shortly.

Gadkari said, “The policy is in the works. It has to be cleared by the Finance Minister. There are some issues which have to be resolved with state government, stakeholders. It will be announced soon.”

The Minister said he has already taken up the matter of a GST rate cut on vehicles with Finance Minster Nirmala Sitharaman. “Whatever the Finance Minister does will have to be by taking into confidence state governments which are also members in the GST Council,” Gadkari informed.

Gadkari was speaking at the launch of Honda Motorcycle & Scooter India’s Activa 125 BSVI priced between Rs 67,490 and Rs 74,490 (ex-showroom, Delhi).

Yadvinder Singh Guleria, senior vice-President (sales and marketing), HMSI, said, “Honda is committed to the government’s policies in encouraging a pollution free environment.”

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