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Parliamentary Panel Recommends Annual Cap on New Non-Electric Vehicle Registrations in Delhi-NCR

TL;DR

A parliamentary panel has recommended an annual cap on new petrol and diesel vehicle registrations in Delhi-NCR, alongside incentives for EVs, to combat pollution and congestion.

A parliamentary panel has proposed implementing an annual ceiling on the registration of new petrol and diesel vehicles across the Delhi-National Capital Region (NCR). This recommendation is a critical regulatory measure aimed at curbing rising emissions and alleviating traffic congestion in the severely polluted region.

The panel's sweeping recommendations emphasize structural reforms over short-term winter measures to reverse escalating emissions. Beyond the registration cap, it suggests promoting cleaner mobility through focused incentives like production-linked schemes, purchase subsidies, and tax benefits exclusively for zero-emission vehicles such as Battery Electric Vehicles (BEVs) and Fuel Cell Electric Vehicles (FCEVs).

Further proposals include offering free or subsidized public parking for EVs, while significantly increasing parking charges for internal combustion engine (ICE) vehicles. The panel also urged financial institutions to offer 'green car loans' at lower interest rates and recommended income-tax deductions on EV loan repayments to encourage a behavioral shift towards electric mobility.

Electric-green-mobilityIndustry-trendsPolicy-regulations

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