You are here: Home » News-IANS » Business-Economy
Business Standard

There should be no road tax on electric vehicles: Amitabh Kant

IANS  |  New Delhi 

Aayog on Friday said there should be no road tax on to bring the ownership cost of electronic vehicles at par with combustion vehicles.

He said the Aayog has suggested the states do away with road tax and issue green permits for

"We have proposed to the chief secretaries that there should be no road tax for and green permits," said Kant at Storage India, 2019.

"When the revolution happens, would be impacted in the biggest way. These initiatives are being taken to bring the ownership cost of electric vehicles at par with combustion vehicles.

"For to successfully move away from fossil-fuel dependence, companies should become the companies of the future," he added.

He said the government think tank had proposed a 'pay per kilometre' model for buses to transform the He said storage and presented a huge opportunity for the country since would be driving the growth of the auto sector in the future.

Aayog said there was a genuine question about the implementation and usability of the electric vehicles, but there was a massive disruption that would happen "fairly soon".

He said even with over 20 favourable policies in place, not a single part used in electric two-wheelers was being made in India.

"A lot of policies have been made to accommodate and systems, but success cannot be achieved till we reach the scale our country has to offer. With over 20 favourable policies in place, not a single part used in electric two-wheelers is being made in India," he said.

--IAS

vv/prs

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, January 11 2019. 19:58 IST
RECOMMENDED FOR YOU
RECOMMENDED FOR YOU