NITI Aayog CEO Amitabh Kant Bats for Zero Road Tax for EVs

 NITI Aayog CEO Amitabh Kant Bats for Zero Road Tax for EVs
NITI Aayog CEO Amitabh Kant Bats for Zero Road Tax for EVs

The country’s electric vehicle push received a big boost with NITI Aayog CEO Amitabh Kant stating that he along with other members, have proposed that road tax be exempted for electric vehicles.

Speaking at the Energy Storage India 2019 conference, Kant said the NITI Aayog has proposed to the Chief Secretaries of States that there should be no road tax for electronic vehicles. It may be noted that road tax currently varies from one state to another and is different for vehicles falling under different price brackets. The government had last year suggested a 12 % uniform road tax under “one nation-one tax” proposal.

Kant added that initiatives are being taken to bring the ownership cost of EVs on par with combustion vehicles, underpinning the importance of the country’s oil companies to become energy companies of the future, if India were to successfully move away from fossil-fuel dependence.

According to the government’s final guidelines and charging infrastructure standards for EVs, existing fuel retail outlets run by public sector oil marketing firms such as Indian Oil Corporation Ltd, Bharat Petroleum Corporation Ltd and Hindustan Petroleum Corporation Ltd have been given priority status to set up public charging station (PCS) on their premises.