समाचार में क्यों
- Ministry of Road Transport and Highways expanded the implementation framework of the PARIVARTAN Scheme to replace over two lakh legacy commercial vehicles in the National Capital Region.
मुख्य शब्द
Interest Subvention
A financial subsidy provided by the government to reduce the interest burden on loans taken by targeted beneficiaries.
BS-VI Emission Norms
India's vehicular emission standards equivalent to Euro 6 that mandate stringent limits on nitrogen oxides and particulate matter.
What is the PARIVARTAN Scheme?
- Stands for Programme for Accelerated Renewal and Incentivization of Vehicle Assets for Reducing Transport Air Pollution and Network Emissions, with an outlay of 9,585 crore rupees.
- Targets the replacement of commercial trucks and buses conforming to Bharat Stage-IV or earlier norms registered in Delhi and NCR districts of Haryana, Rajasthan, and Uttar Pradesh.
- Funded through the National Capital Region Planning Board under the Ministry of Housing and Urban Affairs and implemented by the Ministry of Road Transport and Highways.
Key Features and Support Mechanisms
- Provides financial incentives to beneficiaries purchasing new BS-VI compliant diesel or CNG vehicles, or electric vehicles.
- Onboards commercial banks and non-banking financial companies to extend interest subvention on vehicle purchase loans.
- Integrates vehicle original equipment manufacturers to offer direct discounts to registered commercial fleet owners through a dedicated portal.
Why it matters
- Addresses vehicular emissions, which form a major constituent of seasonal winter air pollution in Delhi-NCR.
- Accelerates the phase-out of legacy heavy diesel vehicles in favour of cleaner combustion standards and electric mobility.
प्रीलिम्स तथ्य
- PARIVARTAN Scheme targets replacement of BS-IV or older commercial trucks and buses in Delhi-NCR with BS-VI or electric vehicles.
मेंस चर्चा
- Examine the effectiveness of economic incentive schemes in mitigating regional air pollution in urban agglomerations.
स्रोत: PIB English
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