Benefits on buying new vehicles on scrapping of old; taxes, other levies for polluting cars: Gadkari

Buyers of new vehicles after opting for scrapping of their old and polluting vehicles will be offered benefits under the new policy to phase out old and polluting vehicles, Union minister Nitin Gadkari has said. Terming the policy a boon, the road transport minister said it would lead to a 30 per cent boost to the Indian automobile industry turnover to Rs 10 lakh crore in the years to come.

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