Friday, November 22, 2024

PM Modi lists five benefits of India’s Automobile Scrappage Policy

A vehicle will not be scrapped just because it is old. Fitness tests will be conducted at scrappage centres and only after that will it be scrapped, that too, as per scientific methods

PRAVASISAMWAD.COM

Prime Minister Narendra Modi on Friday virtually addressed the Investor Summit, jointly organised in Gujarat’s Capital city of Gandhinagar by the Union ministry of transport and national highways and the state government.

He  launched the National Automobile Scrappage Policy on the occasion. This policy, he said, is a “significant milestone” towards Aatmanirbhar Bharat. Terming it as the “waste-to-wealth mission,” the Prime Minister said it is an important part of the circular economy.

The policy, he said, will enable a ‘new identity’ to the auto sector of the country. Its role, he said, will help in removing unfit vehicles from roads. This step will ensure “clean, congestion-free and convenient mobility, in the 21st century,” he further said.

 

National Automobile Scrappage Policy is waste-to-wealth mission, says PM Modi

 

“It will reduce pollution from our cities. This also reflects the government’s commitment towards rapid development. The policy will bring investments worth more than ₹10,000 crore and, in the process, create employment opportunities for thousands of youngsters,” he said.

He also listed five ways in which the scrappage policy will be beneficial. “Firstly, a certificate will be given on scrapping of the old car, which will ensure that an individual does not have to pay registration fees while buying a new car. He will also get discount in road tax.

Secondly, a person will save money on maintenance cost, repair cost and fuel efficiency of the old car,” PM Modi elaborated.

The third and fourth benefits, he said, are that it will reduce road accidents and offer protection from effects from pollution, respectively. “A vehicle will not be scrapped just because it is old. Fitness tests will be conducted at scrappage centres and only after that will it be scrapped, that too, as per scientific methods,” PM Modi said, describing the fifth and final benefit.

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