Delhi rolls out EV policy to boost economy

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Delhi Government on Friday launched its Electric Vehicle Policy aiming to boost economy and helping in fight against vehicular pollution in the Capital.

Claiming the policy for pollution-free and sustainable development, Chief Minister Arvind Kejriwal said the policy will also generate job opportunities in transportation sector mainly.

Unravelling the plan, Kejriwal said electric vehicles to contribute to 25 percent of all new vehicle registrations by 2024 which is barely 0.2 percent presently.

Touting the policy, the Aam Aadmi Party ( AAP ) supremo said the EV Policy will make Delhi a world leader in the field of electric vehicles in the next five years,”this is one of the most progressive EV policies in the world.”

In winters, the Capital faces tough time due to high concentration of noxious particles in air while with the induction of e-vehicles, one factor - the less emission may bring a sigh of relief for city.

Under the EV Policy, the Delhi government is providing a subsidy up to Rs 30,000 on the purchase of two-wheelers, auto-rickshaws, e-rickshaws, freight vehicles each, and Rs 1.5 lakh incentives on cars.

Interestingly, there is a scheme named as FAME India Phase 2 scheme of the Central government, where major incentives and subsidies are available.

The incentives announced by the Delhi government are in addition to the incentives by the central government.

 To encourage masses to buy e- vehicle, government is also providing scrapping incentives. "Many people have polluting vehicles at their homes, which are petrol and diesel vehicles. In this case, the old vehicle can be exchanged while purchasing the new vehicle so that it reduces the cost of the new vehicle further. This scrapping incentive is being given for the first time in the entire country,"  ,Kejriwal said,          "After working hard in the last 2-3 years and holding discussions with consumers and experts, we have prepared the electric vehicle policy in Delhi. The policy has been notified today in the morning. China is being considered in the first position when discussions on electric vehicles are held across the world. It is believed that China has a really good system in place when it comes to electric vehicles. I am sure that when discussions on electric vehicles will be held across the world after five years, Delhi will be leading the way in this field. I am happy to say that this policy is not only the most progressive of its kind in the country but, it is also considered as one of the most progressive policies of all the electric policies across the world."

Kejriwal said that there are two objectives behind launching the EV Policy. The Coronavirus pandemic has wreaked havoc in the economic systems of all nations across the world.

Daily Pioneer
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