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NITI Aayog Makes a Case for Levy on Two-Wheelers for Subsidizing EVs, Heavy Industries Ministry Opposes
December 11, 2018
Think tank body NITI Aayog has proposed to levy a “feebate” on two-wheelers so that electric vehicles can be subsidized with the same. However, the Heavy Industries Ministry has opposed the same saying that the move will increase the prices of two-wheelers and also pose challenges in the tax collection process itself. This difference of opinion has created a rift between the two, although no clarity has been offered regarding the implementation of the proposal.
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