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Delhi Govt launches new “Electric Vehicle Policy”

Delhi Govt launches new "Electric Vehicle Policy"_4.1

Delhi government has launched the “Electric Vehicle Policy” for the national capital under which will waive registration fee, road tax, and provide an incentive of up to ₹1.5 lakh for new cars. The government aims to generate employment to give a boost to Delhi’s economy and reduce pollution levels in the national capital.

There is already the Centre’s scheme on electric vehicles called ‘Fame India Phase-2’, under which the Union government also provides some incentives. Delhi government scheme will be an addition to the Centre’s scheme and people can also avail benefits under both the schemes.

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About Electric Vehicle Policy:

  • Under the policy, the Delhi government will give an incentive of up to ₹30,000 for two-wheelers, autos, e-rickshaws and freight vehicles while for cars, it will provide an incentive of up to ₹1.5 lakh.
  • The new EV policy as “progressive” and the policy also aims to constitute 25% electric vehicles by 2024, which is currently just 0.29% in the national capital.
  • The Delhi government will also give a low-interest loan on electric commercial vehicles.
  • The Delhi Chief Minister said his government will also set up 200 charging stations in a year to ensure that people driving these vehicles can get a charging station within the radius of three kilometres.
  • The Delhi government will give a ”scrapping incentive” under the electric vehicle policy, which will be first-of-its-kind in the country.

Important takeaways for all competitive exams:

  • Chief Minister of Delhi: Arvind Kejriwal; Governor of Delhi: Anil Baijal.

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Delhi Govt launches new "Electric Vehicle Policy"_5.1

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