Post budget reaction quote from Mr. Sohinder Gill, Director General, Society of Manufacturers of Electric Vehicles
"We thank the Hon'ble Finance Minister for announcing the Scrappage policy, which would help in encouraging the adoption of greener vehicles. Though we are awaiting more details on the policy but hope that it would be designed in such a way that would automatically push the adoption of electric vehicles.
For Clean Air, setting aside an amount of `2,217 crores for 42 urban centres with a million-plus population is a good move. The fund could be utilized to spread awareness about the benefits of using e-vehicles for the environment and its contribution to make the air clean.
The government's plan for strengthening the public transport sector under PPP models with an outlay of Rs 18000 crores for operating 20000 buses is encouraging for the EV industry. The scheme could strengthen the EV industry if more number of e-buses could be supported through the scheme. We urge the government to mandate procurement of E-Buses under the scheme which would help us fight the issue of air pollution."
DISCLAIMER: This information is published as per the press release sent to us. It has not been verified or ratified by OVERDRIVE.