Prime Minister Narendra Modi on Friday launched the national vehicle scrappage policy, adding it will help phase out unfit and polluting vehicles. The vehicle scrappage policy will bring in investments of around Rs 10,000 crore, he said while virtually addressing the Investor Summit in Gujarat.
"This policy will deeply benefit our middle class. We are promoting a circular economy. The aim is to develop a sustainable and environment-friendly economy," PM Modi said.
Watch the video for the full address.
