The Union Government has notified the Steel Scrap Recycling Policy in November, 2019.
The policy provides a framework to facilitate and promote establishment of metal scrapping centres in India for scientific processing and recycling of ferrous scrap generated from various sources.
The decision to set up scrapping centres by Public Sector Units/Private Sector is taken based on commercial considerations.
The Government has not fixed any incentive on sale of scrap.
This is governed by the guidelines and market conditions prevailing at the time of sale of scrap.
Ministry of Road Transport and Highways (MoRTH) and Ministry of Environment, Forest and Climate Change (MoEF & CC) have a major role in implementation of the Steel Scrapping Policy.
Ministry of Road Transport and Highways (MoRTH) has formulated the Vehicle Scrapping Policy that includes a system of incentives/dis-incentives for creation of an ecosystem to phase out older, unfit polluting vehicles.
Ministry of Environment, Forest and Climate Change (MoEF & CC) has notified the Hazardous and Other Wastes (Management and Transboundary Movement) [HOWM] Rules, 2016 to ensure safe storage, treatment and disposal of hazardous and other wastes in an environmentally sound manner without causing adverse effect to environment and human health.
This information was given by the Union Minister of State for Steel and Rural Development, Faggan Singh Kulaste, in a written reply in the Lok Sabha on Wednesday.
