Current Affairs Exam

Haryana Launches Vehicle Scrappage and Recycling Incentive Policy to Promote Sustainability and Economic Growth

The Haryana government has launched a new vehicle scrappage and recycling incentive policy aimed at managing end-of-life vehicles (ELVs) within the state. This initiative promotes environmental sustainability by reducing pollution and encouraging proper disposal and recycling of old vehicles. The policy offers financial incentives to vehicle owners, including capital subsidies, state GST reimbursement, and land leasing frameworks. It also provides support for startups, women entrepreneurs, and Scheduled Castes candidates, along with infrastructure development grants and financial assistance for skill development and youth employment initiatives. This comprehensive policy aims to address the issue of abandoned vehicles while fostering economic growth and environmental protection.

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