Delhi Govt launches new “Electric Vehicle Policy”

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.

Boost your Banking Awareness Knowledge with Adda247 Live Batch: WARRIOR 2.0 | Banking Awareness Batch for SBI, RRB, RBI and IBPS Exams

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.

Find More Miscellaneous News Here