Delhi Cabinet, led by CM Rekha Gupta, approved rollout of the Centre's Parivartan scheme
Targets replacement of BS-IV-or-older commercial vehicles (LGVs, MGVs, HGVs, buses) with BS-VI or electric variants
Benefits include up to 100% motor vehicle tax exemption for 10 years, registration fee waiver, 5% interest subsidy
Expected to benefit around 2.7 lakh truck and bus operators in Delhi-NCR
Replace ageing, polluting commercial vehicles with BS-VI or electric variants to cut transport emissions in Delhi-NCR
Key: Tax exemption, registration fee waiver, interest subsidy and OEM discount for owners scrapping BS-IV-or-older vehicles
GS Paper III > Environment > Air Pollution & Urban Transport
Bharat Stage VI — India's current, strictest vehicle emission standard