Electric car booming as subsidy scheme in India

No need to worry about the price of Electric cars ... Subsidy for buyers of electric vehicles ... Anyone knows as Electric cars booming in India Automobile Industry

 

It has been decided to provide a subsidy to the buyers of electric vehicles.  Information on this can be found in this message.

 

Electric car Subsidy

The Goa government has decided to subsidize 11,000 electric vehicles every year as part of measures to reduce the problem of air pollution.  The grant will be awarded for 5 consecutive years.  A total of 55,000 electric vehicles will be subsidized under this category

A total of 25 crore rupees will be given as a grant every year.  A draft plan for this is currently being developed.  Accordingly, a grant of Rs. 10 crores will be given to 10 thousand electric two-wheelers every year for the next 5 years.  At the same time, a grant of Rs 1 crore will be provided for 500 three-wheeled electric vehicles.

 

Electir vechile

In addition, a grant of Rs. 14 crores will be provided for 500 four-wheelers.  A total of Rs 25 crore will be subsidized for 11 thousand electric vehicles every year.  According to reports, the subsidy will be given on a first-come, first-served basis.

 

The subsidy will be given in a single instalment to those who submit the documents for the purchase of electric vehicles.  Vehicle density is very high in Goa.  Goa is considered to be one of the most densely populated areas in the world.  But the air is being polluted by these vehicles.

 

Electir car

That is why it is planned to encourage people to use electric vehicles and put an end to the problem of air pollution.  Compared to regular petrol and diesel vehicles, electric vehicles are much more expensive.  So many people are reluctant to buy electric vehicles.

 

But it is expected that the public will be more interested in buying electric vehicles by providing government subsidies.  It is noteworthy that already under the Fame India-2 scheme, the Union Government and various state governments like Delhi are subsidizing electric vehicles.

 

Electric car

An additional advantage is that by increasing the use of electric vehicles, imports of crude oil, the raw material for petrol and diesel, can be reduced.  The policy of the United Nations Government is to reduce India's dependence on foreign countries for crude oil.

 

Such measures by the Union and State Governments are turning the public's attention to electric vehicles.  And with petrol and diesel prices soaring in India, people are eager to switch to electric vehicles.  There is no doubt that such grant activities will motivate them.