MODI LAUNCHES POLICY TO SCRAP UNFIT VEHICLES

GANDHINAGAR: Prime Minister Narendra Modi on Friday launched the National Automobile Scrappage Policy and said the initiative will promote a circular economy and make the process of economic development more sustainable and environment-friendly.

The policy, aimed at recycling old and unfit vehicles, will give new identity to India’s mobility and auto sector, Modi said in his address while virtually launching the initiative during ‘Investors Summit’ organised in Gandhinagar.

The summit, which saw participation of potential investors and industry players, was organized to attract investment for setting up vehicle scrapping infrastructure under the Voluntary Vehicle-Fleet Modernization Programme, an official release said.

The policy will give a new identity to India in the mobility and auto sector, Modi said. “This policy will play a major role in removing unfit vehicles from our roads in a scientific manner. It will modernise the vehicular population on our city roads,” he added. The Prime Minister said that India should work for “clean, congestion free and convenient mobility” in the 21st century and exuded confidence that the new policy will help in reducing pollution in our city.

The policy will play a key role in the ‘Waste to Wealth’ programme, Modi said. Under this policy, people who give their old vehicle for turning it into scrap will be given a certificate. People having this certificate will not be charged any registration fee on the purchase of a new vehicle, said Modi.