Hi Friends,

Even as I launch this today ( my 80th Birthday ), I realize that there is yet so much to say and do. There is just no time to look back, no time to wonder,"Will anyone read these pages?"

With regards,
Hemen Parekh
27 June 2013

Now as I approach my 90th birthday ( 27 June 2023 ) , I invite you to visit my Digital Avatar ( www.hemenparekh.ai ) – and continue chatting with me , even when I am no more here physically

Tuesday, 21 January 2025

Sgnificant potential for scrappage: ICRA

 

Article link: Commercial Vehicle Scrappage Policy

Extract from the article:

The voluntary vehicle fleet modernization program, known as the Scrappage Policy, initiated in March 2021, is progressing in stages since April 1 of the same year.

By August 31, 2024, the registered vehicle scrapping facilities (RVSFs) had received approximately 44,803 private and 41,432 government scrap applications.

This policy aims to incentivize the replacement of old vehicles with new ones to enhance environmental sustainability and overall efficiency in the commercial vehicle sector.

The implementation of the Scrappage Policy highlights the importance of encouraging individuals and organizations to participate actively in the scrappage process to improve the nation's vehicle fleet quality and reduce emissions.

The low number of applications suggests a need for further awareness and incentives to drive more significant participation in this crucial modernization initiative.

My Take:

Vehicle Scrapping Centres: Interest Plenty / Action Scanty

In my blog from June 29, 2023, titled "Vehicle Scrapping Centres: Interest Plenty / Action Scanty," I highlighted the necessity of establishing a substantial number of scrappage centers, ranging from 1,500 to 2,000, to efficiently execute the scrappage policy.

The current scenario, with only about 16-18 centers operational, reflects the limited progress in this area. The government's discussions with the Finance Ministry to provide incentives for new vehicle purchases or old vehicle scrapping align with the urgency I emphasized regarding the need for concessions to drive participation in vehicle modernization efforts.

Moreover, in my blog entry dated August 29, 2023, titled "Using Recycled Materials in New Vehicles," I discussed the challenges associated with implementing vehicle scrapping programs due to insufficient infrastructure levels.

Emphasizing the operationalization of scrapping units and testing centers, I pointed out that proper infrastructure is key to the success of any scrappage policy. The current data on the operational registered scrapping facilities and the critical need for more facilities echo the concerns I raised about infrastructure readiness and capacity in my previous writings.

Call to Action:

To the Ministry of Road Transport and Highways and stakeholders involved in the Scrappage Policy implementation, I urge a concerted effort to enhance awareness and streamline incentives to boost private and government applications for vehicle scrapping.

It is essential to expedite the establishment of registered scrapping facilities and testing centers to meet the target of 1,500-2,000 centers for effective implementation of the Scrappage Policy, thereby fostering a sustainable and modernized commercial vehicle sector.


With regards, 

Hemen Parekh

www.My-Teacher.in

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