New Delhi, July 26 -- The Centre is weighing higher fees to insure and re-register older cars, two officials aware of the discussions said, targeting so-called end-of-life vehicles (ELVs) that guzzle fuel and dirty the air.

The ministries of road transport and finance are studying the proposal to discourage older vehicles by increasing their ownership costs, the people cited above said on the condition of anonymity. Officials met industry executives earlier this month to discuss the matter.

"There were consultations held with the industry in July, and the government was of the view that end-of-life vehicles should be disincentivized. There is a consideration that insurance costs for such vehicles can be increased. Also, higher re-regist...