Abhishek Gaoshinde says India’s scrappage policy aims to transition from an unorganized to an organized system, providing incentives for replacing older vehicles with new ones to curb pollution and foster a recycled economy. The policy remains voluntary, with its success contingent upon the value perceived by vehicle owners opting for the scheme.
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It is a foregone conclusion that there is a very high probability of a rate cut, it’s the quantum of the cut that is driving
September 9, 2024