Delhi govt policy soon to incentivise switch from fuels to electric

Need to bring in better technologies like electric vehicles in India’s automobile and auto component sector to ensure better quality of life, says Niti Aayog CEO Amitabh Kant

GN Bureau | December 20, 2017


#electric vehicles   #Amitabh Kant   #Niti Aayog   #automobile   #pollution  
Delhi govt policy soon to incetivise switch from fuels to electric
Delhi govt policy soon to incetivise switch from fuels to electric

The Delhi government is soon likely to come out with a policy to incentivise people willing to shift from fossil fuels as an energy source to electric (energy), transport minister Kailash Gahlot said.

 
“Cost of electric buses at Rs 2.75 crore is way too high and unsustainable, I would request the central government for more subsidy along with financial and technical help,” said Gahlot while addressing an ASSOCHAM International Conference on ‘Electric vehicles: Future roadmap for India.’
 
He also said that since electric vehicles are all about charging, clarity on power tariff becomes very important for quoting the rates. “I think we should look towards subsidy on the power to be consumed by electric vehicles.”
 
The transport minister added that it is imperative to bring down cost of electric vehicles to make it affordable and viable for public transport.
 
He also sought clarity on union government's FAME Scheme (Faster Adoption and Manufacturing of Hybrid and Electric Vehicles), a programme of incentives offered to EV buyers to help improve adoption and sales.
 
“Even under the FAME scheme, there are a lot of gaps and there is lot of ambiguity, like for instance there is no clarity amid manufacturers when asked whether or not they would qualify in the kilometre scheme,” said the minister.
 
“More clarity in this regard will help us move swiftly,” he added.
 
He said that it is a challenge for Delhi government to bring in electric buses as the entire infrastructure and ecosystem needs to be created. He added that while Delhi government has already given commitment to induct 100 electric buses, it is willing to increase the fleet to 1,000 as soon as possible.
 
NITI Aayog CEO Amitabh Kant impressed upon the need to bring in better technologies like electric vehicles in India’s automobile and auto component sector to ensure better quality of life for its citizens.
 
Highlighting the importance of the sector, Kant said that automobile and auto component sector contributes about 7.2 percent to India’s overall gross domestic product (GDP), creates over 30 million jobs  and almost 25 percent of its total manufacturing is exported abroad.
 
“So whatever we do we must understand that the role of automobile and auto component sector must continue to grow and expand, to be a job creator, to be a GDP contributor and to play a major role in exports,” he added.

Comments

 

Other News

`Focus on infra, reforms, digital connectivity has created strong foundation for growth`

In a step towards the operationalisation of the Bharat Audyogik Vikas Yojana (BHAVYA), union minister of commerce & industry Piyush Goyal launched the BHAVYA Portal on Monday in New Delhi.   Addressing the gathering, Goyal said that the BHAVYA scheme will adopt a competit

Govt, RBI announce major reforms to attract FPI

The finance ministry on Friday announced a series of measures aimed at enhancing the ease of investment for individual Persons Resident Outside India (PROIs) and Foreign Portfolio Investors (FPIs), and to attract stable long-term foreign capital flows.   Building on the recent in

Lessons in climate adaption from world’s largest inhabited river island

Majuli Island, perched between the Brahmaputra River to the south and east, the Subansiri River to the west, and a branch of the Brahmaputra to the north, has been severely affected by recurrent flooding and intense riverbank erosion. Despite its global importance in acquiring UNESCO tentative status for

Careless whispers and the impossible trinity

Time can never mend, the careless whispers of …    As the RBI marches ahead, for the upcoming monetary policy meeting this June, whispers from the corridors echo around several policy options to defend the rupee – by deploying forex reserves, raising in

Bullet Train Project: Third mountain tunnel breakthrough achieved

A major engineering milestone has been achieved in the Mumbai–Ahmedabad Bullet Train Project with the successful breakthrough of the third mountain tunnel (MT-07) at Ambesari village in Dahanu Taluka of Palghar district, Maharashtra.   With this achievement, three mountain

Supreme Court gets five new judges

Five new judges were appointed to the Supreme Court of India on Monday. "Vide Notifications of even number dated 01.06.2026, in exercise of the powers conferred by clause (2) of Article 124 of the Constitution of India, the Hon’ble President of India is pleased to appoint (i) Shri





Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter