The Haryana government on Monday approved the State Electric Vehicle (EV) Policy 2022 offering several financial incentives to EV manufacturers.  A decision in this regard was taken at a meeting of the state cabinet which met here under the chairmanship of Chief Minister Manohar Lal Khattar.

The EV policy offers various financial incentives to EV manufacturers by giving incentives on fixed capital investment (FCI), net SGST, stamp duty, employment generation, etc.  There is 100 per cent reimbursement of stamp duty along with exemption in electricity duty for a period of 20 years. The SGST reimbursement shall be 50 per cent of the applicable net SGST for a period of 10 years. Companies manufacturing electric vehicles, components of electric vehicles, EV battery, charging infrastructure etc. shall be incentivized with capital subsidy.

Mega industry shall get capital subsidy at 20 percent of FCI or Rs 20 crore whichever is lower; large industry will get subsidy of 10 percent of FCI up to INR 10 crores, for medium industry 20 percent of FCI upto Rs 50 lakh, for small industry 20 percent of FCI up to Rs 40 lakh and for micro industry 25 per cent of FCI up to Rs 15 lakh. Under this policy, units setting up batteries disposal units will get 15 percent of FCI up to Rs 1 crore. The policy provides for employment generation subsidy of Rs 48,000 per employee per annum for 10 years in lieu of Haryana domiciled manpower being employed with EV companies.

The cities of Gurugram & Faridabad will be declared as model Electric Mobility (EM) cities with phase-wise goals to adopt Electric Vehicles (EVs), charging infrastructure to achieve 100 percent e-mobility.  In addition to this, the Department of Town and Country Planning (TCP) shall mandatorily include the provisions for charging of electric vehicles in places such as Group Residential buildings, commercial buildings, institutional buildings, Malls, Metro Station etc., for enabling the overall ecosystem for uptake of Electric Vehicles. The year 2022 will be declared as “Year of the Electric Vehicles” in Haryana.

The policy offers incentives to buyers that would reduce the effective upfront cost and motivate individuals to take up electric vehicles as their primary mode for transportation. The policy will provide early bird direct benefit transfer up to Rs 10 lakh on purchase of Electric Vehicles or Hybrid electric Vehicles in the state. Buyers will also be eligible for relaxation in registration fee and discount on Motor Vehicle Tax.

31 AGENDA ITEMS IN THE CABINET MEETING

A total of 31 agenda items were discussed and approved at the Cabinet meeting chaired by the  Chief Minister.  Addressing the media persons after the cabinet meeting, Khattar said that the cabinet has approved a new Haryana State Startup Policy 2022 formulated by the Department of Information Technology, Electronics and Communication.  

This policy will boost and nurture the vibrant startup ecosystem in Haryana to stimulate independent thinking and innovative ideas and help budding startups at different stages of their entrepreneurial journey. "Now, any startup entity recognized by the Department for Promotion of Industry and Internal Trade (DPIIT), Government of India, up to a period of 10 years from the date of its incorporation/ registration and with an annual turnover not exceeding Rs 100 crore and being based out in Haryana will make it eligible for availing major fiscal and non-fiscal benefits under the new policy," said Khattar. The startup policy will encourage startups and new employment opportunities will also be created. Today, Haryana ranks third when it comes to startups across the country. Out of 60,000 new startup companies, 5000 companies are in Haryana. Under the New Startup Policy, new startups will be attracted to Haryana by offering several attractive discounts, he added.

OTHER DECISIONS

**Linking old-age pension with Parivar-Pehchan-Patra scheme
***Separate law for 600 unauthorised colonies
***Data Centre Policy approved to attract new investment in State
*** Shrine board to be constituted at Shree Mata Bheemeshvari Devi Temple
*** Child care leave of 2 years for single male government servants