The central government has issued a new scrap policy for the country. Prime Minister Narendra Modi has launched the Vehicle Scrapping Policy on 13 August 2021. The Vehicle Scrappage Policy is one of the big schemes of the government, which has been kept in focus in the last few years. Prime Minister Narendra Modi has launched this policy through video conferencing at the Investor Summit in Gujarat. Prime Minister Narendra Modi has called it a big step before the 75th Independence Day. Finance Minister Nirmala Sitharaman introduced this policy in the Union Budget of 2021. The launch of Vehicle Scrappage