Nitin Gadkari spoke at the 59th annual conference of the Society of Indian Automobile Manufacturers (SIAM). He clearly iterated the government is working on introducing a scrappage policy in the near future. The announcement came at a time when the new car market is reeling through a major hit on sales & profits - 15,000 jobs have been lost to date and almost 1 lakh jobs are on the line as per ACMA.  It’s been some time that SIAM has been constantly adjuring the government the ministry to formulate scrappage policy to remove older, polluting vehicles from the country’s roads. ...