Twitter erupts with joy as PM Modi launches National Vehicle Scrappage policy

By Team NewsableFirst Published Aug 13, 2021, 1:51 PM IST
Highlights

As the summit aimed at getting investment relating to setting up vehicle scrapping infrastructure, we bring you some reactions that hailed the government’s policy.

As PM Narendra Modi launched the National Vehicle Scrappage policy, adding it will help phase out unfit and polluting vehicles, Twitter was abuzz with loads of reactions from across the country.

The vehicle scrappage policy will bring in investments of around Rs 10,000 crore, PM Modi said while addressing the Investor Summit in Gujarat via video conferencing.

As the summit aimed at getting investment relating to setting up vehicle scrapping infrastructure, we bring you some reactions from potential investors, industry experts who hailed the government’s policy.

I congratulate PM Shri Ji & Shri Ji on the launch of National Automobile Scrappage Policy. It will bring in new investments,create employment & reduce raw material cost. The policy will help India become an industrial hub for automobile manufacturing. https://t.co/OnOur3bsED

— Shivraj Singh Chouhan (@ChouhanShivraj)

Scrapping old polluting vehicles is going to be a great start to control carbon emissions, thus moving to green future ⚡ https://t.co/J8Mr6rAsfT

— Muhammed Shanif (@iamshanif)

PM speaks at Investor Summit and launch of National Automobile Scrappage Policy in Gandhinagar.

"This policy will bring Rs 10,000 crore worth of Investment in the country."

Will give new identity to India's mobility and auto sector. pic.twitter.com/OnYPzAk4cq

— Rutam Vora (@RutamV)

Scrappage policy ~~ Waste to Wealth

It's a win win for every stakeholder in India including climate aka environment.

A new business opportunity waiting to unfold big time

Good to India moving ahead with a purpose on self independence path

— LearnLifeWealthTravel | Dream Big, Think Growth !! (@AnyBodyCanFly)

The policy will provide a fillip to the Indian secondary steel market especially Bhavnagar district developing into an integrated scrapping hub, this will also lead to creation for more scrap yards in the country pic.twitter.com/xZtU1Ji1aB

— Rohith Aggarwal 🐦 (@rohithaggarwal)

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