Gujarat announced subsidy support for e-bike, e-rickshaw

The scheme aims to provide subsidy support to students studying above Class 9 to purchase two-wheelers.
Sheena

Updated: Sep 18, 2020 08:25:08 pm

Gujarat announced subsidy support for e-bike, e-rickshaw

18 September 2020 Current Affairs:Gujarat State government has announced a subsidy scheme to encourage use of electric vehicles. The scheme will augment e-vehicle charging facilities, the State government has also announced financial assistance of Rs.50 lakh to set up charging infrastructure. The scheme aims challenges posed by climate change.

Scheme Highlights:
♦ The scheme aims to provide subsidy support to students studying above Class 9 to purchase two-wheelers.
♦ Also, individuals and institutional beneficiaries will get subsidy support for three-wheelers.
♦ The scheme will offer subsidy of Rs.12,000 for a battery-operated electric two-wheeler, and Rs.48,000 for an e-rickshaw (three-wheeler).
♦ The subsidy will be provided for the first 10,000 two-wheelers and 5,000 three-wheelers.
♦ To support the initiatives for climate change, the Gujarat State government has signed memorandums of understanding (MoUs) with 10 organisations for various objectives.
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