In a bid to discourage plying of old vehicles on public roads, the Ministry of Road Transport and Highways today issued a draft notification to increase the cost of renewal of registration of vehicles older than 15 years. The Road Ministry has issued the Central Motor Vehicle Rules, 2021 to come into effect from October 1, 2021, under which it has proposed to increase the charge for renewal and grant of fitness certificate of vehicles older than 15 years.

For two-wheelers older than 15 years the government has proposed to increase the fees to Rs 1,000. The charge for renewal and grant of fitness certificate of three-wheeler or quadricycles has been set at Rs 3,500, while the charge for light motor vehicles has been set at Rs 7,500. Similarly, Rs 10,000 will be charged for renewal and grant of fitness certificate for medium goods or passenger motor vehicles, and Rs 12,500 will be charged for heavy goods or large passenger motor vehicles. If a fitness certificate is taken after the expiry, then an additional charge of Rs 50 per day will also be charged after the expiry.

• Cupid Hits Fresh 52-Week High on Rs 128 Crore Block Deal
• Ather Energy Slips Despite $200 Million Fundraise Buzz
• Shyam Metalics Slips Even as Q1 Volumes Surge
• Unihealth Hospitals Shares Hit 5% Upper Circuit on Plans to Raise Stake 
• Oswal Pumps, Shakti Pumps Rally on Solar Order Wins

The development comes close on the heels of the voluntary vehicle scrapping policy announced in the Union Budget on February 1 for 2021-22 which provides for fitness test after 20 years for personal vehicles while commercial vehicles would require it after the completion of 15 years. The renewed registration of a 15-year-old vehicle will be valid for five years and will be renewable every five years.