HomeBREAKING NEWSOdisha Cabinet approves old vehicle scrapping policy 2022

Odisha Cabinet approves old vehicle scrapping policy 2022

Published on

Bhubaneswar: Odisha old vehicle scrapping policy 2022: The Odisha Cabinet chaired by Chief Minister Naveen Patnaik has approved the Registered Scrapping Facility Policy -2022 to phase out old vehicles from the roads. Pramila Mallick, Minister of Revenue and Disaster Management in Odisha, informed about this in the Assembly on Wednesday.

Notably, aimed at reducing pollution from vehicles, this policy recommends mandatory scrapping of vehicles over 15 years old at a scrapping centre. Owners will also get incentives to buy new vehicles, she added.

Advertisement

sparax amazon

As per the policy, vehicles that have not renewed their registration certificate, have not been granted the certificate of fitness, outlived their useful life, vehicles 15 years old and above, owned by government agencies or autonomous councils etc. will be scrapped at designated RVSF centers.

Vehicles older than 15 years will be scrapped at designated collection centers. Against a scrapped vehicle, if the owner wants to purchase a similar type of vehicle, the government will provide motor vehicle tax relief.The government will provide a scrapping fee of 6 percent of the ex-showroom price of a new vehicle purchased by the owner.

Under this policy, the state will also offer incentives to investors who will set up Registered Vehicle Scrapping Facilities (RVSF) in Odisha. Registered vehicle scrapping facilities will be treated as industrial units and IDCO will provide industrial plots to the investors as per industrial policy guidelines.

Read Also | Coal Ministry to conduct Investor Conclave in Mumbai

[amazon_auto_links id=”635″]

Share Market

SEBI Warning Manappuram Finance CMD Over 7-Day Disclosure Delay

SEBI warning Manappuram Finance CMD over 7-day disclosure delay. No penalty imposed. Check full details and financial impact.

Odisha Cyber Fraud Arrest: Delhi Man Held in Rs 2 Crore WhatsApp Stock Tips Scam

Odisha cyber fraud arrest exposes Rs 2 crore investment scam. Delhi आरोपी held. Learn how fraud worked and how to stay safe.

More like this

LPG Booking Rules May 2026: What Could Change for Cylinder Prices, Booking Gap, OTP Delivery, and PNG Users

LPG booking rules May 2026 may impact booking gaps, OTP delivery, prices, and PNG transition. Check expected changes and official facts.

April 27, 2026 Daily Horoscope: Zodiac Predictions For Aries to Pisces

April 27, 2026 daily horoscope reveals love, career and money insights. Discover your zodiac forecast and make smarter choices today.

Puri Rath Yatra 2026 Preparations Begin as Odisha Ramps Up Mega Festival Readiness

Puri Rath Yatra 2026 preparations accelerate with chariot construction, parking, hospitals, and crowd control plans. Read full update.