CHANDIGARH: In a decision aimed at drawing people towards electric vehicles (EVs), the UT administration has set a Rs 5 crore provisional budget for the department of science and technology to disburse incentives to buyers. The EV policy of the administration is likely to be released soon.
“By setting a budget to pay for incentives on buying EVs, the administration has shown its intention that it will instantly offer the facility to people.
Since this is a provisional budgetary allocation amount, once the policy rolls out and people come forward to purchase EVs, more funds will be allocated.
This budgetary allocation shows how the UT is serious about attracting people towards EVs in the coming days,” a senior officer of the UT said.
Sources in the administration said the amount or percentage of the incentives against the purchase of EVs is declared by the administration in its draft policy. It will be available for both four-wheeler and two-wheeler EVs.
“Moreover, a dedicated and an exclusive single window system through online mode is being prepared for residents to complete all formalities related to EVs,” sources said.
Financial benefits or incentives will be from Rs 3,000 to Rs 2 lakh on e-bicycles to e-commercial vehicle, according to the draft policy that has planned to give scrapping charges to people who want to dispose of their fuel vehicle.
