India’s Suggested vehicle-scrapping Coverage may not be the right pill for its auto industry
The Narendra Modi government has embarked on a two-pronged approach to revive India’s embattled automobile sector–formalise scrapyards and phase out old vehicles. The transfer indirectly boost earnings, and also will curb pollution. On Oct. 14, the ministry of streets, highways and transport (pdf) proposed new guidelines for vehicle…
News story posted on 2019-10-22T04:51:00.0000000Z