<p>The Rajasthan government has come up with an electric vehicle policy to encourage the purchase of electric vehicles in the state.</p>.<p>The Rajasthan Electric Vehicle Policy (REVP) came into being from Thursday under which the government has sanctioned a fund of Rs 40 crore for contribution on the purchase of electric vehicles.</p>.<p>An official of the transport department said that a notification in this regard was issued on Wednesday. The policy will be for a period of five years from September 1, 2022.</p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/business/business-news/ola-electric-to-enter-electric-car-segment-to-launch-first-model-by-2024-1136309.html">Ola Electric to enter electric car segment; to launch first model by 2024</a></strong></p>.<p>Chief Minister Ashok Gehlot had announced the policy in the budget 2019-20, and had approved the draft policy on 24 May this year.</p>.<p>Under this, the government approved the proposed one-time contribution on the purchase of electric vehicles and an additional budget provision of Rs 40 crore for reimbursement of State Goods and Services Tax (SGST).</p>.<p>With the increase of electric vehicles, which is encouraged through the policy, pollution caused by diesel and petrol vehicles in the state will come down, the official said.</p>.<p>The state government had announced to reimburse Rs 5,000 to Rs 10,000 SGST amount for two-wheelers and Rs 10,000 to 20,000 for the purchase of three-wheelers according to the battery capacity of the vehicle.</p>.<p>At the same time, the transport department has received a sum of Rs 40 crore to clear the pending cases of grant on the purchase of electric vehicles.</p>.<p>"We have received funds from the state government and all pending dues related to electric vehicle purchase of this financial year will be cleared soon," Transport Commissioner K L Swami said.</p>.<p>An amount of Rs 18 crore was given as grants to people who bought EVs in the last financial year in 12 Regional Transport Office (RTO) areas of the state.</p>.<p>Of Rs 40 crore, a grant amount of Rs 5 crore is to be disbursed to 3,000 vehicle owners (who purchased vehicles in the current fiscal year) in the state, which will be done soon.</p>
<p>The Rajasthan government has come up with an electric vehicle policy to encourage the purchase of electric vehicles in the state.</p>.<p>The Rajasthan Electric Vehicle Policy (REVP) came into being from Thursday under which the government has sanctioned a fund of Rs 40 crore for contribution on the purchase of electric vehicles.</p>.<p>An official of the transport department said that a notification in this regard was issued on Wednesday. The policy will be for a period of five years from September 1, 2022.</p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/business/business-news/ola-electric-to-enter-electric-car-segment-to-launch-first-model-by-2024-1136309.html">Ola Electric to enter electric car segment; to launch first model by 2024</a></strong></p>.<p>Chief Minister Ashok Gehlot had announced the policy in the budget 2019-20, and had approved the draft policy on 24 May this year.</p>.<p>Under this, the government approved the proposed one-time contribution on the purchase of electric vehicles and an additional budget provision of Rs 40 crore for reimbursement of State Goods and Services Tax (SGST).</p>.<p>With the increase of electric vehicles, which is encouraged through the policy, pollution caused by diesel and petrol vehicles in the state will come down, the official said.</p>.<p>The state government had announced to reimburse Rs 5,000 to Rs 10,000 SGST amount for two-wheelers and Rs 10,000 to 20,000 for the purchase of three-wheelers according to the battery capacity of the vehicle.</p>.<p>At the same time, the transport department has received a sum of Rs 40 crore to clear the pending cases of grant on the purchase of electric vehicles.</p>.<p>"We have received funds from the state government and all pending dues related to electric vehicle purchase of this financial year will be cleared soon," Transport Commissioner K L Swami said.</p>.<p>An amount of Rs 18 crore was given as grants to people who bought EVs in the last financial year in 12 Regional Transport Office (RTO) areas of the state.</p>.<p>Of Rs 40 crore, a grant amount of Rs 5 crore is to be disbursed to 3,000 vehicle owners (who purchased vehicles in the current fiscal year) in the state, which will be done soon.</p>