Which of the following statements is/are correct about draft vehicle scrappage policy?
1. Vehicles older than 10 years will be eligible for benefits under the scrappage scheme.
2. The scheme will be implemented from April 1, 2020, coinciding with the implementation of the BS-VI norms.
Choose the correct option from the following codes:
Both 1 and 2
None of the above
The news vehicle scrappage policy is to be implemented from 1st April, 2020.
• The policy mentions about vehicles older than 20 years becoming eligible for benefits under the scrappage scheme.
• The policy targets to take polluting vehicles out of the roads and help the automobile industry register higher sales.