Govt panel proposes 2-way strategy to push EVs in India

A government appointed panel led by cabinet secretary Pradeep Kumar Sinha has proposed a bouquet of incentives for makers as well as buyers of electric vehicles in an effort to push emobility in the country.

The panel has recommended a lower basic customs duty on components besides a lower GST rate to encourage manufacturers to take up large-scale production of e-vehicles.

For the buyers, it has called for differential registration rates and exemption from road tax and parking charges.

“A final decision would be taken at the next round of high level meeting in the Prime Minister’s Office on Wednesday,” a person aware of the developments told .

Once a decision is taken, the department of revenue, the department of heavy industries and the ministry of road transport and highways will be asked to take necessary action.

The blueprint was drawn up by over two dozen top bureaucrats across all stakeholder ministries that attended the committee of secretaries meeting on total mobility chaired by Sinha last month.

(Agencies)