India needs a “mid-term course correction” to see the desired off-take in the mass adoption of electric vehicles, a “One India, One Policy” for the EV industry and a focused strategy for “enhancing its involvement” by way of subsidies and financing for supporting the EV transition, a parliamentary committee has recommended in its report. “The Committee urges the government to play an important role as a catalyst for enabling faster adoption of Electric Mobility through subsidies, incentives and long-term sustainable policies for demand creation. Further, States which have not fully waived off road tax or registration fee on EVs should be directed to do so in order to attract consumers to go for EVs,” the committee has said in its detailed report.
SOURCE: NEWS18
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