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EV subsidy. The Government of India has started a new scheme from today i.e. 1st April to promote electric vehicles. Under this scheme, the Government of India will spend Rs 500 crore on subsidy of electric vehicles in the next four months. Under this scheme, a discount of Rs 10,000 will be given on electric two-wheelers, Rs 25,000 on small three-wheelers including autos, e-rickshaws and e-carts and up to Rs 50,000 on large three-wheelers. This scheme has started from Monday and will continue till the end of July. This scheme has been started by the Ministry of Heavy Industries of the Government of India.
Let us tell you that after March 31, the Faster Adoption and Manufacturing Electric Vehicle i.e. FAME 2 scheme has ended in the country. In such a situation, the Central Government has replaced it with Electric Mobility Promotion Scheme (EMPS). This scheme has been implemented across the country from April 1 and has replaced the FAME 2 scheme. In such a situation, subsidy on purchase of electric two-wheeler and electric three-wheeler will continue to be available in different states of the country for the next few years as before. In such a situation, it is important to know how much discount people are getting on buying electric scooter or bike.
The Ministry of Heavy Industries has said that the main objective of starting this scheme is to promote electric vehicles in the country.
10 thousand rupees assistance amount
The Ministry of Heavy Industries has said that the main objective of starting this scheme is to promote electric vehicles in the country. The Government of India will provide assistance of Rs 10,000 on 3.33 lakh two-wheelers till July. To accelerate the adoption of electric vehicles in the country, the Ministry of Heavy Industries has launched Rs 500 crore Electric Transport Promotion Scheme EMPS-2024. Under this, assistance up to Rs 25,000 will be given on small three-wheelers including autos, e-rickshaws and e-carts.
Subsidy up to Rs 50000 on three-wheelers
The ministry will give subsidy up to Rs 50,000 on big three-wheelers. Let us tell you that the Ministry of Heavy Industries had announced the launch of this scheme on March 13. At the same time, under the FAME scheme, subsidy on e-vehicles will continue till funds are available even after March 31, 2024. In such a situation, this is a great opportunity for you to buy an electric scooter or bike or three-wheeler by July this year. In such a situation, if you buy an electric scooter by July 31, 2024, you will get the benefit of a discount of several thousand rupees.
If you buy an electric scooter by July 31, 2024, you will get the benefit of a discount of several thousand rupees.
Also read: Bad news for those who do not install high security number plates in vehicles during Lok Sabha elections… Drivers should be careful!
This question was arising in the minds of people for the last few days that subsidy will not be available after March 31, 2024. Tell such people to remove this fear from their mind. In its place, the Central Government has started a more subsidized Electric Mobility Promotion Scheme. Fame 2 subsidy will not be availed after March. But through EMPS you can avail subsidy on purchasing electric two-wheeler and three-wheeler.
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Tag: auto, e-vehicle, electric scooter, new plan
first published : April 1, 2024, 12:21 IST
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