Jharkhand Electric Vehicle Policy, 2022

• 20 Oct 2022

Why In News?

• On October 19, 2022, the Industries Department in Jharkhand issued its gazette notification implementing the Jharkhand Electric Vehicle (EV) Policy, 2022.

Key Point

• Under the Jharkhand Electric Vehicle (EV) Policy, 2022, the state government has also announced a grant on the purchase of electric vehicles. Under this, a grant of up to Rs 1.50 lakh will be given on buying a new electric car in the state, Rs 10,000 on Electric scooty or two-wheeler, Rs 30,000 on buying auto and up to Rs 20 lakh on buying e-bus.
• There is also a provision for exemption in road tax under the EV Policy, 2022. From industries producing within the state, the first 10 thousand buyers of IVY will be given 100 percent discount, 10 to 15 thousand buyers will be given 75 percent and after that 25% discount will be given.
• The state government said that the objective of implementing this policy is to make Jharkhand the IV hub and Jharkhand in eastern India the most preferred state of IV manufacturing unit.
• Under this policy, Jharkhand plans to produce advance chemistry cell batteries by 2027, under which every three km in urban area will be sold. 50 charging stations will be opened for every 10 lakh population. Apart from this, every 25 km in the national highway. A charging station will be set up.
• A provision of 50 to 60% subsidy has been made on the opening of EV charging stations and a subsidy of Rs 2 crore to Rs 30 crore will be given on setting up an EV manufacturing unit in the state.
• The state government has provided that if the state government employees buy two wheelers or four wheelers, they will be given 100 percent interest subsidy and the use of EV for office use in government offices has also been emphasized.