News: The PARIVARTAN Scheme has registered 1,300+ beneficiaries, onboarded 42 banks/NBFCs and partnered with 15 auto OEMs across Delhi-NCR.

Key Facts

• Launched: July 2026 with an outlay of ₹9,585 crore.
• Objective: Replace 2 lakh+ BS-IV or older commercial trucks and buses with BS-VI or electric vehicles.
• Implementing Ministry: Ministry of Road Transport and Highways (MoRTH).
• Funding: NCR Planning Board (NCRPB) under Ministry of Housing and Urban Affairs.
• Digital platform: Integrates VAHAN, V-Scrap, DigiELV and PFMS.

Financial Incentives:

• 5% interest saving on eligible vehicle loans for 5 years.
• 100% Motor Vehicle Tax concession for 10 years in participating NCR states.
• New vehicle registration fee waiver.
• OEMs provide minimum 8% discount on eligible vehicles.
• BS-VI/CNG: Monthly fuel vouchers for 5 years.
• EVs: One-time purchase incentive.

Significance

• Clean Mobility: Accelerates replacement of polluting old commercial vehicles.
• Air Pollution Control: Targets vehicular emissions in Delhi-NCR.
• Green Transition: Promotes BS-VI and electric mobility.
• Digital Governance: Enables integrated and transparent benefit delivery.
• Economic Impact: Supports vehicle scrappage, auto manufacturing and cleaner transport infrastructure.