The Government of Punjab has intensified efforts to eliminate polluting vehicles and accelerate progress on a vehicle buyback program aimed at reducing emissions.
Officials said the government will offer a subsidy for purchasing new vehicles once old vehicles are retired under the scheme. Work is also underway to develop a legal framework under the DLI-8 program.
World Bank-backed initiative
Sources revealed that the project will be financed through a loan exceeding $4 million, with the Transport and Mass Transit Department of Punjab responsible for implementation.
The program is expected to launch later this year following approval from the World Bank.
Timeline and objectives
An initial feasibility study for the project will be completed within six months, paving the way for implementation.
The initiative aims to reduce air pollution, promote cleaner transport, and improve environmental conditions across Punjab by phasing out outdated and high-emission vehicles.
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another initiative to promote corruption.
They need to settle rickshaws first. Especially old 2 stroke Wespa Rickshaws.
Best scheme to reduce pollution and retired the old cars.