Odisha Govt Likely To Provide Subsidy On Electric Vehicles

Bhubaneswar: Here is a good news for those interested in purchasing the electric vehicles in Odisha. The state government is likely to provide subsidy on the pollution-free vehicles.

According to reliable sources, the Transport department has submitted a proposal to the government for allowing subsidy on e-vehicles to attract the customers. The Cabinet is likely to approve the proposal soon, the sources added.

It has been proposed to extend 15% subsidy on two-wheelers, three-wheelers and four-wheelers with maximum amount not exceeding Rs 5,000, Rs 12,000 and Rs 100,000 respectively.

The department has also proposed to provide interest-free loan for the electric vehicles to state government employees and incentives to government departments and PSUs for hiring such vehicles.

The proposal includes subsidised parking fees for such vehicles in the municipal areas and battery charging facility in parking places.