Ahmedabad, 13th August 2021: The central government has issued a new scrap policy for the country. Under this, commercial vehicles will go into scrap after 15 years and private vehicles after 20 years.

Prime Minister Narendra Modi has called it a big step before the 75th Independence Day. Modi said that automobile has a very important role in the country’s economy and it will get momentum with the new policy. Vehicle scrapping policy will bring positive change to the country.

Addressing the Investor Summit held in Gandhinagar, Gujarat, Prime Minister Modi said that the auto sector will get a new identity from the new scrap policy. The Indian automobile sector will advance in self-reliance.

The next 25 years are very important in the country, the country’s automobile sector will reach 5 lakh crores. The new scrapping policy prepared for the country will reduce pollution as well as reduce oil consumption. Big changes are going to come in the field of employment and business in the next two and a half decades.

Gujarat Chief Minister Vijay Rupani and Union Transport and Highways Minister Nitin Gadkari were also present at the conference.

A certificate will be given on scrapping, on the basis of which the fee for the registration of a new vehicle will not be charged, as well as 25 per cent fee will be reduced in road tax. According to the Ministry of Transport, about one crore vehicles are roaming in the country which is unfit. Unfit vehicles are the biggest enemy of environmental safety and health.

Prime Minister Modi said that the Bhavnagar Alang area of Gujarat is known for ship scrapping. After ships, now Gujarat can also become a big hub for the scrapping of vehicles. Old vehicles will be removed from the roads, investment of Rs 10000 crores will come from the new scrapping policy.

With the growth in the automobile sector, the hotel business will also get a boost. With the new policy, electric vehicles will be promoted, old vehicles will go to junk, which will also increase the business of new vehicles. Between 2001 and 2015, about 20 million vehicles went into scrapping.

The government will give maximum emphasis on research and infrastructure for green and clean mobility. The new policy will reduce accidents, waste will be used in the construction of roads.