And you can use a parking lot under MCD jurisdiction for as many times as you wish for the course of the year.

The proposal was mooted at a meeting of the MCD’s remunerative projects cell on Tuesday. A concept paper is expected to be presented in a few days.

Leader of the House Subhash Arya told Newsline that a concept paper on the plan would be brought out soon. “The system will be totally computerised,” he said. “This will be an effective strategy against unauthorised parking lots. The cost of the yearly token will be Rs 1,000 for two-wheelers and Rs 2,000 for cars.”

The coupon would enable one to use any MCD parking lot for the whole year, Arya said. “The token will be renewed at the end of each year.”

For the MCD, the benefit comes in that the scheme will raise its coffers withy earnings by doing away with unauthorised parking slots, Arya said. For Delhiites, it would mean a relief from “errant parking contractors”, known to charge at their whims, he said.

At present, even parking for a few minutes entails paying the minimum fare — Arya said the new scheme would help vehicle-owners in that respect.