You are here: Home » Economy & Policy » News
Business Standard

Govt to waive registration charges for electric vehicles to promote sales

The move, aimed at promoting electric vehicles (EVs) in India, comes at a time when the country plans high penetration of such vehicles by 2030

Topics
Electric Vehicle

Press Trust of India  |  New Delhi 

Electric cars
Several countries are rolling out electric vehicle charging infrastructure

The government has decided to waive registration charges for electric vehicles, a draft notification said Wednesday.

The move, aimed at promoting electric vehicles (EVs) in India, comes at a time when the country plans high penetration of such vehicles by 2030.

Issuing the draft notification to amend the Central Motor Vehicles Rules (CMVR), 1989, the road transport and highways ministry said battery-operated vehicles "shall be exempted from the payment of fees for the purpose of issue or renewal of registration certificate and assignment of new registration mark".

The exemption will apply to all category of vehicles, including two-wheelers.

The ministry has issued the draft notification for amendments in CMVR where the amendments in Rule 81 are proposed for such waiver.

The amendments will be done in exercise of the powers conferred on the central government under various sections of the Motor Vehicles Act, 1988. Comments from stakeholders have been sought in a month.

"The said draft rules shall be taken into consideration after the expiry of a period of 30 days from the date on which the copies of this notification as published in the Gazette of India, are made available to the public," the draft notification said.

The objections or suggestions that may be received from any person with respect to the said draft rules before the expiry of the aforesaid period will be considered by the central government, it said.

Last year, Road Transport and Highways Minister Nitin Gadkari said a blueprint has been drawn to boost production of electric vehicles in the country and take their share to 15 per cent of total automobiles in the next five years.

It is time India should think to promote green vehicles and curb pollution, Gadkari said.

Earlier to promote electric vehicles in India, the government had approved green licence plates bearing numbers in white fonts for private e-vehicles and yellow for taxis.

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Wed, June 19 2019. 20:20 IST
RECOMMENDED FOR YOU
.