Delhi-NCR Launches Rs 5,041 Crore Scheme to Phase Out Old Trucks and Buses The Indian government has approved a Rs 5,041 crore initiative to systematically replace older trucks and buses in the Delhi-National Capital Region (NCR), aiming to combat severe air pollution. The plan targets over 1.9 lakh commercial trucks and approximately 16,000 buses operating under outdated BS-IV and older emission standards. These vehicles, which contribute significantly to pollution, will be phased out through financial incentives encouraging owners to scrap or sell them outside the NCR. The scheme emphasizes transitioning to cleaner BS-VI-compliant or electric alternatives to reduce harmful emissions. Under the program, vehicle owners in Delhi-NCR who scrap their old trucks or buses at authorized facilities or sell them in non-NCR cities will receive a range of benefits. These include a 5 percent interest subvention on vehicle loans, monthly fuel vouchers for up to five years provided by oil marketing companies, and ex-showroom discounts from manufacturers. Additionally, state governments are urged to offer a 100 percent concession on motor vehicle tax and waive registration fees for new replacement vehicles. Used BS-VI vehicles purchased under the scheme will also qualify for a 50 percent tax concession. All these incentives are valid for a period of 10 years. The implementation of the scheme involves a collaboration between the Ministry of Road Transport and Highways (MoRTH), the National Capital Region Planning Board (NCRPB), and state governments of Delhi, Haryana, Uttar Pradesh, and Rajasthan.#delhi_ncr #ashwini_vaishnaw #ministry_of_road_transport_and_highways #national_capital_region_planning_board #delhi_haryana_uttar_pradesh_rajasthan
