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The Ministry of Housing & Urban Affairs (MoHUA) has approved the Guidelines for the PARIVARTAN Scheme, aimed at accelerating the replacement of old, polluting commercial vehicles with cleaner alternatives in the National Capital Region (NCR).

About PARIVARTAN Scheme

• PARIVARTAN (Programme for Accelerated Renewal and Incentivization of Vehicle Assets for Reducing Transport Air Pollution and Network Emissions) is a Central Government initiative to facilitate the phasing out of old, highly polluting trucks and buses operating in the National Capital Region (NCR) and replace them with Bharat Stage (BS)-VI compliant or electric vehicles (EVs).
• The scheme seeks to reduce transport-related air pollution, improve vehicular emission standards, and promote cleaner mobility in one of India's most polluted regions.
• The scheme is implemented by the Ministry of Road Transport and Highways (MoRTH) and is funded by the National Capital Region Planning Board (NCRPB).

Key Features

The scheme covers the National Capital Territory (NCT) of Delhi and the NCR districts of Haryana, Uttar Pradesh and Rajasthan, where notifications have been issued providing motor vehicle tax concessions for eligible vehicles.

To encourage vehicle replacement, the scheme offers a package of financial incentives, including:

• Motor Vehicle Tax concessions.
• Waiver of registration fees.
• 5% interest subvention on vehicle loans.
• Minimum 8% Original Equipment Manufacturer (OEM) discount on eligible new vehicles.
• Monthly fuel voucher support for eligible diesel and CNG replacement vehicles.
• One-time financial assistance for electric replacement vehicles.
• Certificate of Deposit (CoD) trading for eligible scrapped vehicles.

Implementation Mechanism

The scheme will be implemented through an integrated digital platform that will seamlessly interface with:

• VAHAN
• V-Scrap
• DigiELV
• Public Financial Management System (PFMS)
• Participating financial institutions and lenders

This digital ecosystem aims to ensure transparent processing of incentives, vehicle scrappage verification, and seamless financial support.