Tribune News Service
New Delhi, August 13
Prime Minister Narendra Modi on Friday launched the National Vehicle Scrappage Policy, saying it will play a big role in the modernisation of the vehicular population in the country, removing unfit vehicles from the roads in a scientific manner.
Elaborating on its economic and environmental benefits, the PM said the vehicle scrapping policy would play a big role in the modernisation of the vehicular population in the country and help phase out unfit and polluting vehicles in an environment-friendly manner
“Modernity in mobility not only reduces the burden of travel and transportation, but also proves to be helpful for economic development. The goal for 21st century India to be clean and congestion-free is the need of the hour,” he said addressing the Investor Summit in Gujarat.
“This policy also reflects our commitment to reduce pollution from the cities of the country and protect the environment and fast development.
“This 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,” he said.
“Our aim is to create a viable circular economy and bring value for all stakeholders while being environmentally responsible,” he added.
The summit is being organised to invite investment for setting up vehicle scrapping infrastructure under the Voluntary Vehicle-Fleet Modernisation Programme or the Vehicle Scrapping Policy.
Terming the launch of Vehicle Scrapping Policy a significant milestone in India’s development journey, an official statement said it would also draw focus on the synergies presented by the ship breaking industry at Alang for development of an integrated scrapping hub.
Union Minister for Road Transport and Highways Nitin Gadkari and Gujarat Chief Minister Vijay Rupani were present on the occasion.
Stating that the policy would give a new identity to the auto sector and to the mobility of New India, the Prime Minister said the general public would benefit greatly from this policy.
“The first advantage will be that a certificate will be given on scrapping the old vehicle. Whoever has this certificate will not have to pay any money for registration on the purchase of a new vehicle. Along with this, he will also be given some exemption in road tax.
“The second benefit will be that the maintenance cost, repair cost, fuel efficiency of the old vehicle will also be saved in this.
“The third benefit is directly related to life. There will be some relief from the high risk of road accidents due to old vehicles and old technology.
“Fourth, it will reduce the harmful impact of pollution on our health.”
The Prime Minister said that under the new policy vehicles would not be scrapped merely on the basis of age. Vehicles will be scientifically tested through authorised, automated testing centres. Unfit vehicles will be scrapped scientifically. It will ensure that registered vehicle scrapping facilities all over the counties are technology driven and transparent, he said.
“It will give new energy and security to the scrap-related sector,” he said.