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"vehicle-scrappage-policy"
PM Modi launches vehicle scrappage policy, urges youth to join programme
He further said that the vehicle scrapping will help to phase out unfit and polluting vehicles in an environment-friendly manner.
Vehicle scrapping policy augurs well for non-life insurers
The reasons they give in support are: the value of new vehicles is high so the premium income will be high; all the new vehicles will have third party insurance cover as currently many old vehicles
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