The Central Government vide notification dated 10th March, 2022 has issued the draft Motor Vehicles (Registration and Functions of Vehicle Scrapping Facility Amendment) Rules, 2022. The scrapping of vehicles shall be carried out by an RVSF in respect of all End-of-Life Vehicles, by the following procedure, namely: –
i. The registered owner shall apply digitally on Vahan as per Form-2 to the RVSF or the designated Collection
Centre for deposit and further treatment of the vehicle. The RVSF and the designated Collection Centre shall
also act as facilitation centres to support citizens with digital application of Form-2.
ii. Vehicles impounded by an enforcement agency shall be handed over to the RVSF, if they meet the criteria
for vehicle scrapping as per rule (8).
iii. The RVSF shall verify the records of the vehicles produced for scrapping with the database of the stolen
vehicles held by National Crime Records Bureau through the Vahan portal.
Launch of Association of NPS Intermediaries
The ANI stakeholders are Points of Presence (Bank and Non-Bank), Central Record Keeping Agencies, Trustee Banks, Custodians, Aggregators, Annuity Service Providers, Pension Agents, Retirement Advisors,