In lieu of the Net-zero policy, Odisha has accepted the EVP and aims to have around 30% electric vehicles running on its road. Chief Minister Naveen Patnaik who headed the State Cabinet will have a five year policy.
It includes financial incentives for EV manufacturing, purchases, and scrapping. Interest adjustment in road tax, loans, and registration fees will also be provided. There will also be Incentives for start-ups under this policy. On Friday government declared the approval of the Odisha Electric Vehicle Policy, 2021. The policy focuses on facilitating the purchase and use of EVs, particularly in the segments of E2W, E3W, and E4W. The vehicles approved under the Faster Adoption and Manufacturing of Electric Vehicles in India Phase-II (FAME II) program would be eligible for incentives. A 15% subsidy would be provided for the purchase of E2W, E3W, and E4W up to a maximum of ₹5,000 (~$68), ₹12,000 (~$163), and ₹100,000 (~$1,359) respectively.
Odisha is looking to reduce fossil-fuel emissions by increasing the production of electric cars. The state is one of the pioneers in developing environmental consciousness both on the individual and administrative levels.
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Technology is a useful servant, but a dangerous master, it was rightly said. Electronic devices have grown into an inevitable part of our daily lives.
