💼 Transport & InfrastructureState/ UT
Chief Ministers Green Taxi Scheme
The scheme promotes clean mobility and electric vehicle adoption in the Greater Shillong Planning Area, while supporting green entrepreneurship and sustainable transport through financial incentives.
💰50% of on-road vehicle cost supported (5% by the entrepreneur, 45% by the Government of Meghalaya) | - 5% EMI co-payment support for 12 months (conditional on minimum 1500 km/month traffic compliance) | - Credit linkage through partnered banks (MRB, MCAB, SBI, Shillong Co-operative Urban Bank) | - Branding cost of vehicle borne by the Government (one-time) | - Waiver of registration charges up to ₹1 lakh under Meghalaya Vehicle Scrappage Policy 2025 | - Rebate on motor vehicle tax up to 15% for scrapping old diesel/petrol taxis | - Total maximum subsidy capped at ₹5,00,000 per vehicle | - EMI subsidy provided monthly for one year based on usage and compliance
💼 Transport & InfrastructureState/ UT
Transport Loan Scheme
"Transport Loan Scheme" aims to promote self-employment among target groups by providing term loans for Light Motor Vehicles. The scheme benefits Scheduled Castes, Other Backward Classes, Minorities, and Safai Karamcharis with financial assistance up to ₹5,00,000/-.
💰The scheme provides term loans up to ₹5,00,000/- for the purchase of Light Motor Vehicles (LMVs). | _The loan is recovered in 60 monthly installments over a period of five years, with six months as a moratorium period._ | _Loans are disbursed subject to the completion of pre and post-sanction formalities._