Rs 5,500 subsidy each to first 10,000 buyers of e-cycles in Delhi: Gahlot

The residents of Delhi only will be eligible for the subsidy scheme, Gahlot said

Delhi Transport Minister Kailash Gahlot
Delhi Transport Minister Kailash Gahlot
Press Trust of India New Delhi
1 min read Last Updated : Apr 07 2022 | 4:53 PM IST

Delhi government will provide a subsidy of Rs 5,500 each for first 10,000 buyers of e-cycles in the city, Delhi transport minister Kailash Gahlot said on Thursday.

The first 1,000 buyers of passenger e-cycles will also be given an additional subsidy of Rs 2,000, he added.

The government will also give subsidy on purchase of heavy duty cargo e-cycles and e-carts for commercial uses, he said. The subsidy on cargo e-cycles will be Rs 15,000 each for first 5,000 buyers.

The subsidy was earlier provided to individual buyers of e-carts but now a company or corporate house buying these vehicles will also be provided a subsidy of Rs 30,000, he said.

The residents of Delhi only will be eligible for the subsidy scheme, Gahlot said.

The minister said that presently 45,900 e-vehicles are plying on the city roads, out of which 36 per cent are two wheelers. The percentage of e-vehicles in total registered vehicles in Delhi has crossed 12 per cent mark, he added.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Topics :Kailash GahlotDelhi government

First Published: Apr 07 2022 | 4:53 PM IST

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