Delhi Chief Minister Arvind Kejriwal on Friday launched a new electric vehicle policy.
In a bid to reduce air pollution and boost the economy along with creating new jobs in the national capital.
Addressing a press conference the chief minister said, “We have notified the Electric Vehicle Policy today. With this policy, we aim to generate employment to give a boost to Delhi’s economy and reduce pollution levels in the national capital.”
“After launching this policy, we expect registration of 5 lakh new electric vehicles in the next 5 years,” he added.
Kejriwal termed the new EV policy as “progressive” and said the policy also aims to constitute 25% electric vehicles by 2024, which is currently just 0.29% in the in the national capital.
Under the policy, the Delhi government will give incentive of up to ₹30,000 for two-wheelers, autos, e-rickshaws and freight vehicles while for cars, it will provide an incentive of up to ₹1.5 lakh, he said.
Delhi government will also give low-interest loan on electric commercial vehicles.
Kejriwal said that at present, there is already the Centre’s scheme on electric vehicles called ‘Fame India Phase-2’, under which the Union government also provides some incentives. And the Delhi government scheme will be an addition to the Centre’s scheme and people can also avail benefits under both the schemes.
He said youth will be trained so that they get jobs as electric vehicle sector will need them at a large scale after implementation of this policy.
Kejriwal said, there has been a 25% reduction in pollution level in Delhi in the last five years and the policy also aims to reduce pollution in the national capital.