In another step towards hassle-free disbursement of incentives on electric vehicles (EVs) that have been announced under the Odisha Electric Vehicle Policy-2021, an upgraded EV Portal with Auto Disburse Model would be implemented from December 25.
The entire process would be automated with least human interface.
Application entry for public on current portal is closed from December 14 to 24 for up-gradation of the EV portal.
The aim of Direct Benefit Transfer (DBT) is to transfer the benefits and subsidies directly in the bank account of the beneficiary on time by bringing efficiency, effectiveness, transparency and also to eliminate the intermediary body.
Joint Commissioner Transport, (Technical) Dipti Ranjan Patra said, “This new portal will be made further robust by linking it with fund transfer portal of the banks. It will further expedite the process and will prevent any frauds as the beneficiary will receive the funds directly from the Government Treasury to their authenticated bank account. The account authentication will be done through National Payments Corporation of India (NPCI).”
The EV owners can avail the subsidy by logging on to odishatransport.gov.in->online services->apply subsidy for electric vehicles from December 25 onwards. The vehicle information would be automatically collected from the Vahan Portal. The owner would be asked to give his bank details; and the information regarding disbursement of subsidy to bank account would be intimated through SMS.
For two-wheelers, the Government provides a subsidy of 15% of the cost up to a maximum of Rs 5,000. The cap on 15% subsidy for three-wheelers is Rs 10,000 and for four-wheelers Rs 50,000. The vehicles purchased on or after September 1, 2021 are eligible for the subsidy. As per the policy, the provision of subsidy would continue for four years from September 1, 2021.