Launch of vehicle scrappage policy significant milestone in India’s development journey: PM Modi
Vehicle scrapping will help phase out unfit & polluting vehicles in an environment friendly manner, PM Modi said
Launching the Vehicle Scrappage Policy on Friday, Prime Minister Narendra Modi said this was a significant milestone in India's development journey.
He launched the policy, named the Voluntary Vehicle-Fleet Modernisation Programme, at the Investor Summit in Gujarat.
"The launch of Vehicle Scrappage Policy today is a significant milestone in India’s development journey. The Investor Summit in Gujarat for setting up vehicle scrapping infrastructure opens a new range of possibilities. I would request our youth & start-ups to join this programme,” PM Modi said in a series of tweets.
“Vehicle scrapping will help phase out unfit & polluting vehicles in an environment friendly manner. Our aim is to create a viable #circulareconomy & bring value for all stakeholders while being environmentally responsible," another tweet by PM Modi said.
While launching the policy through the virtual mode, the Prime Minister said that this policy is going to give a new identity to the auto sector and to the mobility of New India.
“This policy will play a big role in the modernization of the vehicular population in the country, removing unfit vehicles from the roads in a scientific manner. He said that modernity in mobility, not only reduces the burden of travel and transportation, but also proves to be helpful for economic development,” he pointed out.
PM Modi informed that the goal for 21st century India to be Clean, Congestion Free & Convenient Mobility, is the need of the hour.
He said the new scrapping policy is an important link in the circular economy and in the waste to wealth campaign. This policy also reflects our commitment to reduce pollution from the cities of the country and protect the environment and fast development, the Prime Minister added.
He maintained that the policy by following the principle Reuse, Recycle and Recovery will also promote the country's self-reliance in the auto sector and in the metal sector.
The policy will bring in a fresh investment of more than Rs 10 thousand crores and will create thousands of jobs, PM Modi informed.
'Next 25 Years Very Important'
He stressed that as India is about to enter the 75th year of Independence, the next 25 years is very important. Modi said there would be many changes in the way of working the business and in everyday life in the next 25 years.
In the midst of this change, it is equally important to protect our environment, our land, our resources and our raw material, he stated.
We can work on Innovation and Technology in the future, but the wealth we get from Mother Earth is not in our hands, he explained.
The Prime Minister remarked that today, on one hand India is exploring new possibilities through the Deep Ocean Mission, while on the other it is also encouraging a circular economy. He added that the effort is to make development sustainable and environment friendly.
The Prime Minister highlighted the unprecedented work done in the energy sector. India has entered in the front ranking countries in the field of solar and wind energy.
Modi emphasized that this waste to wealth campaign is being linked with Swachhata and Aatmnirbharta.
The Prime Minister said that be it ethanol, hydrogen fuel or electric mobility, with these priorities of the government, active participation of the industry is very important.
From R&D to infrastructure, the industry has to increase its partnership. He asked them to have a roadmap for aatmnirbhar Bharat for next 25 years. Whatever help you need for this, the government is ready to give it, he assured.
The Prime Minister said that today, when the country is moving towards clean, congestion free and convenient mobility, there is a need to change the old approach and practices.
Today’s India is committed to provide global standard safety and quality to its citizens and this thinking is behind the transition from BS-4 to BS6, he concluded.