Delhi government releases long-pending EV subsidies
after close1 source ↓written by the desknot a recommendation
- in electric vehicle
- ₹7.9 crore
- under the Delhi
- 3,948 beneficiaries
- remain pending
- 16,892 claims
The Delhi government has initiated the disbursement of ₹7.9 crore in electric vehicle purchase subsidies to 3,948 beneficiaries under the Delhi EV Policy. This follows a Delhi High Court order from September 2022, which mandated the immediate clearance of pending subsidies. Currently, 16,892 claims remain pending after validation processes.
This move may boost the EV sector by enhancing consumer confidence and stimulating demand for electric vehicles in the region.
Not investment advice. For informational purposes only.