Tag: India: Govt clears INR 9585 crore vehicle replacement scheme for Delhi-NCR boosting prospects for higher scrap supply

Programme covers 2.07 lakh commercial vehicles in Delhi-NCR Scheme could help generate around 2 mnt of ferrous scrap India’s Union Cabinet has approved an INR 9,585 crore, two-year targeted scheme to phase out BS-IV and older trucks and buses in Delhi-NCR and replace them with BS-VI-compliant or electric vehicles. The programme covers approximately 2.07 lakh…