Hello User
Sign in
Hello
Sign Out
Subscribe
Next Story
Business News/ Politics / Policy/  Delhi Govt to provide scrapping incentives under Delhi EV Policy: Nitin Gadkari

Delhi Govt to provide scrapping incentives under Delhi EV Policy: Nitin Gadkari

  • The Delhi government notified the Delhi EV Policy 2020 on Aug 7, 2020, with an intention to promote the adoption of clean mobility solution

Union Minister of Road Transport & Highways, Micro, Small & Medium Enterprises Nitin Gadkari during the meeting with delegation of Society of Indian Automobile Manufacturers, in New Delhi on Tuesday. (ANI Photo)

NEW DELHI :Scrapping incentives, including up to 7,500 per vehicle for auto and light commercial vehicle, is being provided by the Delhi Government under Delhi Electric Vehicle Policy 2020, Parliament was informed on Monday.

The Delhi government notified the Delhi EV Policy 2020 on Aug 7, 2020, with an intention to promote the adoption of clean mobility solution.

The policy aims to establish the feasibility for large scale adoption of electric passenger four wheelers, through transitioning its entire government fleet to electric.

"Under the provision, all leased/hired cars used for commute of GNCTD officers shall be transitioned to electric within a period of twelve months from the date of issue of this policy," Road Transport, Highways and MSMEs Minister Nitin Gadkari informed Rajya Sabha in a written reply.

The Delhi Government order issued on February 25, 2021 in this regard mandates conversion of all vehicles owned/leased by the Government of NCT of Delhi to transition to electric by Aug 6, 2021, the minister said.

"Under the Delhi EV Policy, 2020 —scrapping incentive is provided for the vehicles in lieu of scrapping a more polluting conventional vehicle. However, the scrapping incentive for vehicle is applicable on the evidence of matching contribution from the dealer or OEM, such that Government of NCT of Delhi will provide incentive matching the contribution made by the OEM or dealer on the scrapping value of the vehicle, not exceeding 5,000 per vehicle for two-wheelers and 7,500 per vehicle for Auto and Light Commercial Vehicle," the minister said.

He said other incentives are also there.

Private and two-wheeler vehicles would also be included in this scheme, the minister said.

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Politics News and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.