Union Ministry Outlines Operational Directives for the PARIVARTAN Clean Transit Scheme in NCR

The Ministry of Housing and Urban Affairs (MoHUA) has published operational guidelines for the PARIVARTAN scheme, designed to lower transport emissions in the National Capital Region.
This initiative aims to substitute aging, highly polluting commercial buses and trucks with eco-friendly alternatives like electric vehicles (EVs) and BS-VI compliant models.
Approved by the Union Cabinet on June 3, 2026, the project has an allocated budget of Rs 9,585 crore, with Rs 5,041 crore contributed as budgetary support by the Central Government.
Key incentives under this program include a waiver on registration fees, concessions on motor vehicle taxes for a decade, a minimum 8% OEM discount, and a 5% interest subvention on vehicle loans.
Aspirants should note that this policy represents a major push toward clean urban logistics and requires cooperative execution across regional states including Delhi, Haryana, Uttar Pradesh, and Rajasthan.

Key Facts / Static GK

PARIVARTAN Full Form: Programme for Accelerated Renewal and Incentivization of Vehicle Assets for Reducing Transport Air Pollution and Network Emissions
Nodal Ministry: Ministry of Road Transport and Highways (MoRTH)
Policy Ministry: Ministry of Housing and Urban Affairs (MoHUA)
Funding Agency: National Capital Region Planning Board (NCRPB)

Q Practice Quiz — 17 July 2026

1. Which of the following statements is/are correct regarding the PARIVARTAN Scheme? 1. The scheme's operational guidelines have been approved by the Ministry of Road Transport and Highways. 2. Old vehicles in the NCR will be replaced with BS-VI compliant models or Electric Vehicles. 3. The National Capital Region Planning Board serves as the funding agency for this scheme.

A Only 1

B Only 2

C Both 1 and 2

D Both 2 and 3

E All 1, 2 and 3

Explanation: Statement 1 is incorrect because the operational guidelines have been approved by the Ministry of Housing and Urban Affairs, though the Ministry of Road Transport and Highways is the nodal ministry. Statements 2 and 3 are correct.

2. What is the weightage assigned to the 'Usage' dimension in the Reserve Bank of India's Financial Inclusion Index?

A 20%

B 35%

C 45%

D 50%

E 60%

Explanation: The RBI Financial Inclusion Index is calculated based on three dimensions with specific weights: Access (35%), Usage (45%), and Quality (20%).

3. Which entity is responsible for managing the India-Japan Fund, which recently announced an investment of 200 crore rupees in Ather Energy?

A Small Industries Development Bank of India

B National Investment and Infrastructure Fund

C Japan Bank for International Cooperation

D Securities and Exchange Board of India

E State Bank of India

Explanation: The India-Japan Fund is a bilateral investment fund managed by the National Investment and Infrastructure Fund.

4. Which airline operated the first international flight connecting Navi Mumbai International Airport with Abu Dhabi?

A IndiGo

B Air India Express

C Akasa Air

D Vistara

E SpiceJet

Explanation: Air India Express operated the first international flight from Navi Mumbai International Airport, connecting it to Abu Dhabi.

5. Which of the following nations were removed from the Financial Action Task Force Grey List in the June 2026 revisions?

A Iraq and Namibia

B Bosnia and Herzegovina

C Algeria and Namibia

D Algeria and Iraq

E Namibia and Bosnia

Explanation: In the June 2026 changes, Algeria and Namibia were removed from the FATF Grey List, while Bosnia and Herzegovina and Iraq were added.

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