The Telangana government is likely to announce its policy on Electric Vehicles (EV) after the model code of conduct ends, a senior government official Thursday.
"The (Centre's) FAME-2 guidelines (Faster Adoption and Manufacturing of Electric Vehicles in India) offer incentives to all the players who are involved in different aspects of supply demand and infrastructure," Jayesh Ranjan principal secretary IT and Industries Telangana told reporters here.
"The state government (Telangana) guidelines (EV policy) which will be issued after the code of conduct is over, will address some of the points which have not been fully and adequately covered in FA ME-2 or items which are actually state subject," he said.
According to him, the overall ecosystem for electric vehicles appears to be very promising in the State and also the country.
The Centre had in March notified the second phase of the FAME India scheme with a Rs 10,000-crore outlay to encourage adoption of electric and hybrid vehicles.
Telangana's EV policy has three components -- for manufacturers, users and support mechanisms, an official had earlier said.
Though the policy was scheduled to be unveiled last year, it was indefinitely postponed for unknown reasons.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
