MoRTH issues draft notification to exempt battery operated vehicles from paying registration fees

Image
ANI General News
Last Updated : Jun 20 2019 | 3:00 AM IST

In order to give a boost to battery-operated or electric vehicles in the country, the Ministry of Road Transport and Highways on Wednesday initiated steps for providing differential registration fees under the Central Motor Vehicles Rules 1989.

The amendment proposes to exempt battery-operated vehicles fees for issue or renewal of registration certificate and assignment of the new registration mark, an official statement said.

This means that electric vehicles would be exempted from such registration charges. The exemption will apply to all categories of vehicles, including two-wheelers, three-wheelers and four-wheelers.

The Centre has been batting for electric vehicles as it will help in reducing India's dependence on oil imports, combating air pollution and will generate employment.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 20 2019 | 2:46 AM IST

Next Story