PARIVARTAN (Programme for Accelerated Renewal and Incentivization of Vehicle Assets for Reducing Transport Air Pollution and Network Emissions) is a major vehicle fleet renewal initiative launched to replace old, high-emission commercial trucks and buses in the Delhi-National Capital Region (NCR) with cleaner Bharat Stage (BS)-VI compliant or electric vehicles (EVs). The Scheme was launched in July 2026. As of August 2026, 1,300+ beneficiaries have registered on the PARIVARTAN Portal.
Salient Features of PARIVARTAN Scheme?
| Objective | To replace over 2 lakh trucks and buses conforming to BS-IV or prior emission norms with BS-VI or stricter norm-compliant vehicles or electric vehicles. |
| Launch Year | 2026 |
| Geographical Coverage | Vehicles registered in the National Capital Territory of Delhi and NCR districts of Haryana, Rajasthan and Uttar Pradesh. |
| Environmental Focus | The scheme seeks to reduce transport air pollution and network emissions by accelerating replacement of older, higher-emission trucks and buses with cleaner vehicles. |
| Funding Agency | Funded through the National Capital Region Planning Board (NCRPB) under the Ministry of Housing and Urban Affairs. |
| Implementing Ministry | Ministry of Road Transport and Highways (MoRTH). |
| Total Financial Outlay | ₹9,585 crore. |
| Central Government Budgetary Support | ₹5,041 crore. |
| Eligible New Vehicles | BS-VI or stricter norm-compliant diesel/CNG vehicles or electric vehicles (EVs). |
| Benefits | Interest Savings: 5% interest savings on eligible vehicle loans for 5 years. Road Tax Waiver: 100% road tax waiver for 10 years. Registration Fee Waiver: Full waiver of registration fees. Delhi, Haryana, Rajasthan and Uttar Pradesh have already issued notifications for this. OEM Discount: At least 8% discount on ex-showroom price from participating Original Equipment Manufacturers (OEMs). Fuel Voucher for BS-VI Diesel/CNG Vehicles: Monthly fuel vouchers ranging from ₹1,200 to ₹4,800 for 5 years, depending on vehicle category. EV Incentive: One-time incentive ranging from ₹64,000 to ₹2.56 lakh for buyers of electric vehicles. |
| Beneficiary Registrations | 1,300+ beneficiaries had registered on the PARIVARTAN Portal as on 27 August 2026. |
| Financing Support | 42 banks and NBFCs have been onboarded to provide interest subvention on vehicle loans. |
| Industry Participation | MoUs have been signed with 15 auto OEMs to provide the prescribed discount to eligible beneficiaries. |