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Odisha CM Naveen Patnaik Approves Vehicle Scrapping Policy 2022

IANS

Last Updated: December 01, 2022, 15:34 IST

Bhubaneswar, India

Odisha CM Naveen Patnaik. (Photo: IANS)

Odisha CM Naveen Patnaik. (Photo: IANS)

Against a scrapped vehicle, if the owner wants to purchase a similar type of vehicle, the government will provide a concession in the motor vehicle tax

The Odisha Cabinet chaired by Chief Minister Naveen Patnaik approved Registered Vehicle Scrapping Facility Policy-2022 to phase out old vehicles from the roads.

Odisha Revenue and Disaster Management Minister Pramila Mallick informed this in the Assembly here on Wednesday.

This policy aimed at reducing vehicular pollution, recommends mandatory scrapping of over 15-year-old vehicles at the scrapping center. The owners will also get incentives to buy new vehicles, she said.

As per the policy guidelines, the vehicles which have not renewed their Certificate of Registration, have not been granted a certificate of fitness, outlived their utility, vehicles that are 15 years old and above, owned by government agencies/autonomous councils, etc. will be scrapped at designated RVSF centers.

The vehicles that are 15 years old and above will be scrapped at designated scrapping centers.

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Against a scrapped vehicle, if the owner wants to purchase a similar type of vehicle, the government will provide a concession in the motor vehicle tax.

The government will provide a scrap value of 6 percent of the ex-showroom price against the new vehicle purchased by the owner.

Under the policy, the state will also offer incentives to the investors, who will set up Registered Vehicle Scrapping Facilities (RVSF) in Odisha.

The Registered Vehicle Scrapping Facilities will be treated as industrial units and IDCO will provide industrial lands to the investors as per the industrial policy guidelines.

The state cabinet has also approved the new Odisha Tourism Policy, 2022. The policy aims to make investing in the tourism and hospitality sector attractive for investors.

Under the Tourism policy, the state has enhanced capital incentive subsidy (CIS) from 20-25 percent in the previous policy to 30 percent in this policy with an aim to encourage investment in the tourism sector in the state.

Health, wellness, and medical tourism has been treated as an eligible tourism unit and provision of incentives has been made for interested investors, an official said.

This initiative is aimed to not only incentivise the establishment of advanced and super-specialty health establishments within Odisha but also to encourage inbound travel of people seeking such services from outside the state and from other countries, he said.

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(This story has not been edited by News18 staff and is published from a syndicated news agency feed)
first published:December 01, 2022, 15:34 IST
last updated:December 01, 2022, 15:34 IST
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