Chhattisgarh government approve its electric vehicle (EV) policy, which aims to develop the state as a manufacturing hub, protect environment and create employment opportunities.
This policy in which road tax and registration fee waivers are provision will also encourage the use of EVs, thereby ensuring relief to people bearing the brunt of rising fuel prices, as per official said.
The nod to Chhattisgarh EV Policy 2022 was grant during a cabinet meeting chair by Chief Minister Bhupesh Baghel at his official residence here, he said.
Bhupesh Baghel Said :
“Chhattisgarh will become a manufacturing hub for electric vehicles and their accessories in the coming years. The policy will create unlimited employment opportunities for the youth. The decision will also benefit buyers and manufacturers of electric vehicles and people engaged in research and development work in the sector,”.
The policy aims to ensure a healthy environment for a sustainable future for citizens, reduce carbon footprint and minimise the causes of rising concerns of rapidly increasing toxic gas emissions from vehicles, etc, as per statement.
The operations of both commercial and non-commercial vehicles will be encourage under the policy, it said.
As per Statement :
“Under the policy, the government has set a target of five years and aims to have 15 percent of new registrations of vehicles, either under individual use or commercial use as EVs till 2027,”.
The state government has announce waiver in the registration fees on the sale of EVs registered in the state during the policy period.
And there will be a complete road tax exemption on all EVs purchase during the first two years from the date of commencement of this policy, it was state.
After two years, there will be a 50% road tax exemption on EVs purchase in the next two years, while in the fifth year, there will be 25% rebate, as per release.
To develop the manufacturing of EVs, the state government will give a grant of 25% of the cost of plant and machinery.
It will allot 500-1,000 acres of land to develop an EV park to attract manufacturers, it said.
As per Statement :
“The state government will provide capital subsidy of 25 percent to the selected energy operators on charging equipment/machinery to the first 300 fast charging stations commissioned in the state up to a maximum of Rs. 10 lakh per station,” .
The state has provision SGST reimbursement for manufacturers of EVs in the state during the policy period (till 2027).
Government will also provide complete SGST reimbursement to energy operators for purchase of batteries to be used in switching / swapping stations, while 100% SGST will be reimburse on the sale of electric buses and electric freight vehicles sold and register in the state, as per Statement.
Charging stations will be built in the government and private buildings, as per release.
