Haryana Introduces Vehicle Scrappage and Recycling Policy for Environmental Sustainability
| Aspect | Details |
|---|---|
| Government | Haryana Government |
| Policy Name | Vehicle Scrappage and Recycling Facility Incentive Policy, 2024 |
| Purpose | Proper disposal and recycling of old vehicles to reduce pollution |
| Trigger | NGT's 10-year limit for diesel and 15-year limit for petrol vehicles in NCR |
| Key Benefits | Environmental protection, economic growth, and financial incentives |
| Implementation | Industrial scheme with incentives like capital subsidies, GST reimbursement |
| Department Involved | Department of Industries and Commerce |
| Land Leasing | 10-year leasing module by HSIIDC |
| Financial Assistance | Up to Rs 20 crore (10% of project cost) for startups, women, and SCs |
| Stamp Duty Reimbursement | 100% in D-category blocks, 75% in B and C blocks |
| Centres of Excellence | 50% grant up to Rs 5 crore |
| Skill Development Incentives | Rs 50 lakh grant to 10 industries promoting youth skill development |