Delhi EV Policy to offer scrapping incentives: Nitin Gadkari

At the moment, the Delhi EV Policy offers scrapping incentives for auto and light commercial vehicles. Gadkari said private vehicles and two-wheelers will soon be added to the list.

Nitin Gadkari, the Indian Minister of Road Transport and Highways, recently informed the parliament that the Delhi government has provisions to offer vehicle scrapping incentives under the purview of the Delhi EV Policy.

According to a PTI report, he noted that scrapping incentives of up to ₹7,500 per vehicle for auto and light commercial vehicles are being provided by the Delhi government as part of the provisions of the Delhi Electric Vehicle Policy 2020, which was announced on 7 August 2020 with the aim to boost the adoption of electric mobility solutions across the city.

Minister of Road Transport and Highways, Nitin Gadkari, said, “Under the Delhi EV Policy, 2020 -scrapping incentive is provided for the vehicles in lieu of scrapping a more polluting conventional vehicle.

However, the scrapping incentive for vehicle is applicable on the evidence of matching contribution from the dealer or OEM, such that Government of NCT of Delhi will provide incentive matching the contribution made by the OEM or dealer on the scrapping value of the vehicle, not exceeding Rs 5,000 per vehicle for two-wheelers and Rs 7,500 per vehicle for Auto and Light Commercial Vehicle.”

Source: timesnownews