The government launched the Delhi-NCR Vehicle Replacement Scheme to replace old polluting vehicles. Benefits include 5% interest subvention for 5 years and monthly fuel vouchers of ₹4,800. Funding is through NCRPB under MoHUA. An Empowered Committee chaired by Cabinet Secretary Dr T.V. Somanathan oversees implementation.
India
Delhi-NCR Vehicle Replacement Scheme: 5% Interest Subvention + ₹4,800/Month Fuel Vouchers
Key Points
- The government launched the Delhi-NCR Vehicle Replacement Scheme to replace old polluting vehicles
- Benefits include 5% interest subvention for 5 years and monthly fuel vouchers of ₹4,800
- Funding is through NCRPB under MoHUA
- An Empowered Committee chaired by Cabinet Secretary Dr T.V
- Somanathan oversees implementation
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📎 Read original source ↗Exam Note
• Scheme: 5% interest subvention (5 years) + ₹4,800/month fuel vouchers • Funding: NCRPB (under MoHUA); implementation: MoRTH + MoPNG • Empowered Committee: Cabinet Secretary Dr T.V. Somanathan
