Certificate of Deposit from Vehicle Scrappage Can Be Traded for New Car Benefits
In India, vehicle owners who scrap their old cars receive a Certificate of Deposit (CoD) that offers benefits like registration fee waivers and tax concessions when buying a new vehicle. This CoD can be traded electronically through the government’s DigiELV platform, allowing owners who do not plan to buy a new car to sell the certificate to others. The CoD is valid for three years and has created a secondary market, with some certificates sold informally for discounts on new vehicle purchases.
First-hand measurement across 2 sources
We measured how 2 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is neutral (52/100). Lens Score 43/100.
Outlets measured: freepressjournal, businessstandard. See how each one headlined and framed the same story in the source comparison below.
AI Analysis
Sentiment was consistent across outlets (52–52/100), indicating broadly factual reporting rather than editorialising.
Coverage timeline
businessstandard broke this story on 29 Sept, 03:30 am. Other outlets followed.