- Aims to boost the economy, create jobs and reduce pollution levels
- Aims to constitute 25% electric vehicles by 2024, currently, it is 0.29%
- Incentives up to Rs 30,000 for two-wheelers, autos, freight vehicles and e-rickshaws
- Low-interest loan on electric commercial vehicles
- Set up of “State Electric Vehicle Board” along with 200 charging stations in one year, so that the charging stations are within 3 km radius
- Incentives to those willing to exchange their petrol and diesel-run vehicles
- Battery-capacity linked subsidy of ₹5,000/kWh or up to ₹30,000 on electric two-wheelers and up to ₹1.5 lakh on electric cars
- In addition to the center’s scheme known as “Fame India Phase II”
Source: TimesNow
