Our aim is to create a viable circular economy and bring value for all stakeholders while being environmentally responsible: PM

The goal of Clean, Congestion Free and Convenient Mobility, is the need of the hour for 21st century India:PM

Prime Minister Shri Narendra Modi addressed the Investor Summit in Gujarat via video conference. The Summit is being organized to invite investment for setting up vehicle scrapping infrastructure under the Voluntary Vehicle-Fleet Modernization Program or the Vehicle Scrapping Policy. It will 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 & Highways and Chief Minister of Gujarat were also present on the occasion.

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. Vehicle scrapping will help phase out unfit and polluting vehicles in an environment friendly manner. “Our aim is to create a viable circular economy and bring value for all stakeholders while being environmentally responsible, ” said the Prime Minister in a series of tweets before the event.