New Delhi: On Saturday, Union Minister Nitin Gadkari stated that his aim is to create at least one automobile scrapping factory within 150 kilometres of each city centre, claiming that the country has the potential to become a regional vehicle scrapping hub.
Gadkari said the National Vehicle Scrappage Policy is a crucial move in the Indian transport and sustainability sectors, as it will allow for the gradual removal of outdated and unfit vehicles and the gradual introduction of new, lower-polluting vehicles.
"My aim is to build a vehicle scrapping centre within 150 kilometres of all city centres," stated the road transportation and highways minister. Gadkari stated that the ministry of road transport and highways has developed the vehicle scrapping policy to allow all sorts and sizes of investors to come in and set up scrapping centres.
"We can build many authorised collection stations of vehicle scrapping units in one city, which will have the right to deregister a vehicle and give deposit certificates," he said.
In August of last year, Prime Minister Narendra Modi announced the National Vehicle Scrappage Policy, claiming that it will help phase out unfit and polluting automobiles while also promoting a circular economy. He also stated that the material recycling business employs 4 crore people directly and indirectly, with that number likely to rise to 5 crore by 2025.
"India has the potential to become a car scrapping centre for the entire South Asian area," Gadkari said at the event on Friday. We can import a huge number of old automobiles for scrapping in Bangladesh, Bhutan, Myanmar, Maldives, Nepal, and Sri Lanka." The minister also mentioned that establishing a circular economy to recover maximum value from scrap or end-of-life vehicles is a challenge.
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