Indian Economy News

Govt to introduce policy for electric vehicles: Geete

Anant Gangaram Geete: ‘The new policy will address all concerns of the automobile industry’

The government is planning to come up with a new policy to support electric vehicles.

Anant Gangaram Geete, Union Cabinet minister for heavy industries and public sector enterprises, said on Thursday that the new policy would address all concerns of the automobile industry.

An electric policy would be announced soon, he added. The minister’s assurance came after Abhay Firodia, president of Society of Indian Automobile Manufactures and chairman of Force Motors, urged him to address various concerns of the industry, including taxation and regulatory issues.

Firodia has also suggested that the government should not write off diesel engines after BS-VI implementation, considering it will be cleaner by then.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

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