Delhi: From Monday, EV subsidy directly into your account

NEW DELHI: Starting this Monday, the subsidy for buying electric vehicles (EV) will start getting credited directly to the bank accounts of the buyer. Transport minister Kailash Gahlot had earlier launched an EV policy portal for seamless disbursement of incentives to EV buyers.
As part of its ambitious EV policy, which was launched by CM Arvind Kejriwal on August 7, the government will provide subsidy up to Rs 30,000 for two-wheelers and up to Rs 1.5 lakh for cars to promote faster adoption of EVs.Gahlot had launched the portal, ev.delhi.gov.in, on October 23 for seamless disbursement of all the demand incentives to the vehicle buyers. Those who have bought an EV on/after August 7 are eligible for subsidy and other incentives.
The EV policy portal has been created to provide hassle-free access and Gahlot said some buyers have already received subsidy directly in their bank accounts.
“We have already processed three cases on a trial basis since October 23 to test in case there are any problems with the software,” Gahlot told TOI. “By Monday or maximum by Tuesday, we are trying to process around 100 cases and send the subsidy directly to the account,” he said.
To claim EV incentive, the buyer will need three documents - sales invoice, Aadhar card and a copy of a cancelled cheque. Each EV dealer has been provided with a dedicated login to the site wherein they can file the claims for demand incentives.
The entire approval and disbursement process is online, paperless and will be completed within three days. Gahlot said Delhi government would keep its promise. “Despite these being initial days, we are sticking to our three-day mandate of completing the entire approval and disbursal process,” he added.
Gahlot said those who bought EVs between August 7 and October 23 would get the subsidy amount in their bank account very soon. “We are getting processed all the electric vehicle sales that took place between August 7 and October 23 by ensuring that vehicle dealers get back to the purchasers and get Aadhar card, cancelled cheques and other documents required for disbursal of the subsidy. Our target is to complete this process within the next 10 days,” he said.
Delhi government has also provided exemption from paying road tax and registration fee to EV buyers.