India Launches ₹9,585-Crore Initiative to Replace Polluting Trucks and Buses in Delhi-NCR
Centre clears ₹9,585-crore scheme to replace over 2 lakh polluting BS-IV trucks, buses in Delhi-NCR
Hindustan Times
Image: Hindustan Times
The Indian government has approved a ₹9,585-crore scheme to replace around 200,000 older BS-IV heavy vehicles in Delhi-NCR with cleaner alternatives. The initiative aims to significantly reduce air pollution and is supported by various financial incentives for vehicle owners.
- 01The scheme targets the replacement of approximately 200,000 vehicles, including 191,000 trucks and 16,329 buses.
- 02Owners will receive a 5% interest subvention on loans, monthly fuel vouchers up to ₹4,800, and an 8% discount on new vehicle prices.
- 03BS-IV vehicles emit significantly more pollution compared to BS-VI compliant vehicles, with one pre-BS vehicle equating to emissions from 14 BS-VI vehicles.
- 04The initiative is funded by the National Capital Region Planning Board and implemented by multiple ministries.
- 05State governments will provide tax concessions and waive registration fees for new vehicles to encourage participation.
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On Wednesday, the Union government of India approved a ₹9,585-crore scheme aimed at replacing around 200,000 older BS-IV heavy vehicles, including 191,000 trucks and 16,329 buses, in the National Capital Region (NCR) with cleaner alternatives that meet BS-VI emission standards or run on CNG or battery power. This initiative is part of efforts to combat severe air pollution in the region, where New Delhi has been ranked the world's most polluted capital for eight consecutive years. Vehicle owners participating in the scheme will benefit from a 5% interest subvention on loans for five years, monthly fuel vouchers of up to ₹4,800, and an 8% discount on the ex-showroom price of new vehicles. To qualify, they must scrap older vehicles at authorized facilities. The scheme is funded by the National Capital Region Planning Board and implemented by the Ministry of Road Transport and Highways and the Ministry of Petroleum. Additionally, state governments will offer significant tax incentives and fee waivers to further encourage the transition to cleaner vehicles.
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The scheme is expected to significantly reduce vehicular emissions in Delhi-NCR, improving air quality and public health.
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