Haryana Govt. issued the Haryana Registered Vehicle Scrappage and Recycling Facility Incentive Policy, 2024

Oct 22, 2024 | by TeamLease RegTech Legal Research Team

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Commercial ComplianceThe Industries and Commerce Department, Haryana on October 21, 2024, issued the Haryana Registered Vehicle Scrappage and Recycling Facility Incentive Policy, 2024.

The following has been stated namely: -

• The vision of the policy is to create a conducive ecosystem for growth of scrapping and recycling in Haryana in addition to the obvious benefits of reduction in pollution, fuel import bill, raw materials availability, recycle or re-use parts and impetus of replacement demand.

• The Policy is formulated with the following objectives: -

o Facilitate creation of a vehicle circularity eco-system in Haryana

o Promote scientific recycling of vehicle scrap

o To facilitate in regularizing the current informal and un-organized vehicle recycling industry/facility in Haryana

• This Policy will be applicable to the State of Haryana.

[Notification No. 162-2024/Ext.]


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