Delhi govt planning to send subsidy of electric vehicles in the bank account of buyers                                                                                               

 

 

Delhi government’s plan to transfer subsidies for buying electric vehicles (EV) directly to the bank accounts of buyers is going to start very soon.

 

Following the EV policy, which aims to promote faster adoption of EV, the government will provide discount of Rs 30,000 on two-wheelers and up to Rs 1,50,000 for cars.

 

The policy allows waiving off road tax and registration fees for electric vehicles and this provision will come into effect very soon, writes the Times of India.

 

According to TOI, subsidy for buying EVs will be directly transferred to the bank accounts of buyers within seven days of purchase.

 

According to TOI, Delhi government is developing a software which allows the direct transfer, and is undergoing safety tests at the moment.

 

Source: Times of India, The Economic Times