Budget Session 2024: Indians purchased over 21 crore vehicles in last 10 years, says President Droupadi Murmu

President Droupadi Murmu said that the Indians purchased more than 21 crore vehicles in the last decade as compared to 13 crore vehicles in the 10 years before 2014

Indians purchased more than 21 crore vehicles in the last decade as compared to 13 crore vehicles in the 10 years before 2014, President Droupadi Murmu said on Wednesday.

Sales of electric vehicles in the country have also increased multi-fold, she said in her first address to a joint sitting of the two Houses in the new Parliament building.

Reflecting on how India has progressed in the last 10 years, she said,"Around 13 crore vehicles were sold in the 10 years before 2014. In the last 10 years, countrymen have purchased more than 21 crore vehicles."

Further, the President said,"About two thousand electric vehicles were sold in 2014-15. Whereas, till the month of December for the year 2023-24, about 12 lakh electric vehicles have been sold."

Highlighting the government's focus on circular economy, she said,"The quantity of important minerals in the earth is limited. That is why my government is encouraging circular economy. India's first 'Vehicle Scrappage Policy' also seeks to achieve this aim."

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