Chandigarh To Also Provide Subsidies For E-vehicles Costing More Than Rs 15 Lakh

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The Chandigarh administration had proposed an upper limit of Rs 15 lakh on purchase of electric vehicles (EVs) for availing subsidy in its first ever e-vehicle policy. It has now removed this. Previously, the UT had proposed that state-level financial incentives will be given on purchase of all types of electric vehicles except those above Rs 15 lakh. This condition has been removed and no longer exists.

Dharam Pal, the UT adviser, had recently formed a three member committee to submit its report on financial incentives to be given to buyers in a bid to promote e-vehicles. The committee comprises deputy commissioner, municipal commissioner and Crest CEO. These incentives will be an add on to those offered by the Centre, according to a senior UT official. 

As the prices of electric vehicles start from around Rs 15 lakh and by not giving subsidies to this segment, the basic purpose of the policy will be defeated. With this understanding, the decision was taken to remove the upper limit. 

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