Rajasthan EV policy goes into effect; INR 40 crore funded for buyer reimbursement

Rajasthan has become the latest state to implement a dedicated electric vehicle (EV) policy to encourage the use of such vehicles. The policy for electric vehicles in the western state went into effect on Thursday (September 1).

A transport department official told PTI that a notification in this regard was issued on August 31. The EV policy was announced by Rajasthan Chief Minister Ashok Gehlot during the 2019-20 budget, and the draught policy was approved in May of this year. The Rajasthan Electric Vehicle Policy (REVP) has authorised a fund of INR 40 Cr for contributions to the purchase of EVs. The policy is valid for five years. The state government had previously approved a one-time contribution for EV purchase as well as an additional budget provision of INR 40 Cr for State Goods and Services Tax reimbursement (SGST).