Delhi issues notification on tax waiver for battery vehicles

Topics: Infrastructure- energy.

Delhi issues notification on tax waiver for battery vehicles:


Context:

Delhi Transport Department has issued a gazette notification stating full waiver on road tax on the battery-operated vehicles under the Electric Vehicle [EV] policy.

Overview of Delhi EV Policy:

Delhi EV Policy 2020 was unveiled last month with a focus to increase the adoption of electric vehicles in Delhi by incentivising the purchase and use of the EVs.

  • The policy aims to register 5 lakh electric vehicles in the city by 2024.

Highlights of the policy:

  • Aims to constitute 25% electric vehicles by 2024, which is currently just 0.29% in the in the national capital.
  • The government will give low-interest loan on electric commercial vehicles.
  • An ‘EV Cell’ will be established to implement the Policy.
  • The government will also set up a ‘State Electric Vehicle Board’.
  • 200 charging stations will be set up in a year to ensure that people driving these vehicles can get a charging station within the radius of three kilometers.
  • The Delhi government will give a ”scrapping incentive” under the policy, which will be first-of-its-kind in the country.

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Sources: the Hindu.