Government plans to provide more tax concessions on vehicles bought after scrapping old ones: Nitin Gadkari
The Hindu
While inaugurating Maruti Suzuki Toyotsu India’s first government-approved scrapping and recycling facility for end-of-life vehicles, Mr. Gadkari also said the scrappage policy is going to reduce pollution.
The government is considering a proposal to provide more tax-related concessions on vehicles that are purchased after scrapping old vehicles under the recently launched National , Union Minister Nitin Gadkari said on Tuesday.
While inaugurating Maruti Suzuki Toyotsu India’s first government-approved scrapping and recycling facility for end-of-life vehicles (ELVs), Mr. Gadkari also said the scrappage policy is going to reduce pollution.

Insurance penetration and density are often misunderstood and do not reveal how many families are insured or whether they would be financially secure if the main earning member were to die. The real issue is not reach but adequacy, as households may have life insurance but not enough cover to replace lost income, leaving them financially vulnerable.












