Gadkari Pitches for Additional Discount to Vehicle Buyers Submitting Scrappage Certificate
New Delhi, Sep 11: Union Minister Nitin Gadkari has urged the automobile industry to provide additional discounts to those who submit a scrappage certificate when purchasing a new vehicle. He also requested Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman for GST relief for buyers using scrappage certificates.
Benefits Expected
Gadkari said that applying the scrappage certificate scheme would help reduce pollution, increase turnover for automakers, and reduce dependency on imported scrap metals. He added that currently an average of 16,830 vehicles are scrapped monthly and the private sector has invested about ₹2,700 crore in the process.
Warning Against Misinformation
Gadkari also responded sharply to a social media campaign criticizing E20 fuel, calling it politically motivated. He defended the ethanol blending policy, saying it helps cut imports and supports farmers, while also helping to reduce emissions.
Long-Term Outlook
The minister noted potential benefits: boosted demand in the auto sector, environment gains from reduced vehicular pollution, growth in recycling industries, and job creation through scrap metal processing. He believes these measures can make the scrappage policy more effective if incentives and policy relief are properly aligned.
Source: Daily Excelsior (Read original report)
Labels: Vehicle Scrappage, Auto Industry, Discount, GST Relief, Environment
Tags: #ScrappageCertificate #Gadkari #Discounts #Environment #AutoIndustry #DailyExcelsior
Disclaimer: This article is a rewritten summary based on reporting by Daily Excelsior. Jammu News Portal does not assume responsibility for the accuracy of external content.
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