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Union budget 2021: Govt to launch voluntary vehicle scrappage policy

Finance Minister Nirmala Sitharaman has begun delivering her Budget speech that is expected to provide relief to the pandemic-hit common man as well as focus more on driving the economic recovery through higher spending on healthcare, infrastructure and defence amid rising tensions with neighbours.

Stay tuned for Live Updates on Union Budget 2021

Finance Minister Nirmala Sitharaman during the Budget speech on Monday said the government will launch a voluntary vehicle scrappage policy to phase out old vehicles to reduce pollution and cut oil import bill.

“Vehicles would undergo fitness tests after 20 years in case of personal vehicles and after 15 years for commercial vehicles,” she added.

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Covid-19 Updates (India)

02 Mar 2021, 11:21 AM (GMT)

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