CNG vehicles: Lower duty, sops for green, compact cars? - Times of India
The government is mulling lower duty and other concessions, including cheaper loans, for cars that are compact and have reduced carbon emissions - pegged at 155gm per km this year and eventually going down to 110 by 2028.
The move, proposed in a draft national auto policy released by the heavy industries ministry, accords benefits not only for electric vehicles but also other relatively-cleaner technologies, such as hybrids, CNG, bio-fuel and methanol as well as fuel cells. This is in line with what the wider auto industry has been demanding.
The policy also speaks about the need to boost R&D in India in the auto domain instead of importing cuttingedge technologies. "Currently, India stands far behind countries such as China, United States, Norway and United Kingdom which have taken the lead in converting their vehicle fleets green and becoming engineering and production hubs for green mobility vehicles," the draft policy states.
Interestingly, it makes no particular mention of a mandatory migration to electrics by 2030, though it seeks higher purchase of 'green mobility vehicles' in procurements by central and state governments as well as the municipalities.