Rajasthan EV Policy 2021: EV Subsidy in Rajasthan
The Rajasthan EV Policy 2021, spearheaded by Chief Minister Gehlot’s government, marks a significant step towards promoting electric mobility in the state. With a focus on incentivizing the adoption of electric vehicles (EVs), the policy offers discounts and subsidies aimed at making EVs more accessible and affordable for consumers.
In this article, we explore the key provisions of the Rajasthan EV Policy 2021, the impact on electric vehicle prices, and the benefits for consumers.
Discounts and Subsidies:
One of the standout features of the Rajasthan EV Policy 2021 is the provision of discounts of up to Rs 20,000 on the purchase of electric vehicles between April 1, 2021, and March 31, 2022. This discount applies to all electric scooters and motorcycles registered in the state. Additionally, the policy offers State Goods and Services Tax (SGST) reimbursement for eligible electric two-wheelers, further reducing the financial burden on consumers.
Subsidy Allocation:
The subsidy under the Rajasthan EV Policy 2021 is determined based on the battery capacity of electric vehicles. Two-wheeler electric vehicles with battery capacities ranging from two kilowatts to five kilowatts are eligible for subsidies ranging from Rs 5,000 to Rs 20,000. These subsidies are provided to buyers in the form of cash, making it more convenient for consumers to avail themselves of the benefits.
Comparison with Other States:
While the subsidies offered under the Rajasthan EV Policy are substantial, it is worth noting that they are relatively lower compared to some other states such as Delhi, Gujarat, and Maharashtra. This discrepancy highlights the need for continuous evaluation and revision of state EV policies to ensure competitiveness and effectiveness in incentivizing electric vehicle adoption.
Impact on Electric Two-Wheeler Prices:
The Rajasthan EV Policy 2021 is expected to have a significant impact on the prices of electric two-wheelers in the state. With discounts and subsidies available, electric two-wheelers will become more affordable for consumers, thereby encouraging higher uptake and penetration of electric vehicles in Rajasthan.
Benefits of EV Subsidy Policy:
The launch of the Rajasthan Electric Vehicle Subsidy Policy promises several benefits for consumers. Apart from the direct financial incentives in the form of discounts and subsidies, the policy aims to promote sustainable transportation, reduce air pollution, and contribute to the state’s efforts towards environmental conservation.Conclusion:
The Rajasthan EV Policy 2021 represents a commendable effort by the Gehlot government to incentivize the adoption of electric vehicles and promote sustainable transportation in the state. While the subsidies may be lower compared to some other states, they nonetheless play a crucial role in making electric vehicles more accessible and attractive to consumers. Moving forward, continued support and enhancement of such policies will be vital in driving the transition towards cleaner and greener mobility in Rajasthan.
With the escalating prices of petrol and diesel alongside growing concerns about environmental pollution, there’s a noticeable shift in public awareness towards electric vehicles (EVs). Recognizing this trend, the government has taken steps to incentivize EV adoption. The central government has slashed the GST on EVs from 15% to 5%, encouraging their purchase.
In a departure from other states’ approaches, Rajasthan has opted for a unique subsidy system for EV buyers, based on their vehicle’s battery capacity. This subsidy scheme applies to EVs bought between April 1, 2021, and March 31, 2022, with registrations completed by March 20, 2022. Notably, to avail of benefits under Rajasthan’s EV policy, the vehicle must be purchased within the state. It’s worth mentioning that unlike other regions, Rajasthan’s policy doesn’t extend subsidies to electric cars or buses, as outlined in the Rajasthan Electric Vehicle Subsidy Policy.
Rajasthan EV one Time Incentives on Electric Vehicles
There will also be a question in your mind that how much subsidy will you get under Rajasthan EV Policy. As I told you earlier, the Rajasthan government has announced to provide a uniform subsidy to EV customers based on the battery capacity of their vehicle.
Electric scooters and motorcycles with battery capacity up to 2 kWh will get a subsidy of Rs 5,000.
An incentive of Rs 7,000 will be given on models with battery capacity of 2 to 4 kWh.
EV subsidy of Rs 9,000 will be available on purchase of vehicles with battery capacity between 4 to 5 kWh.
There is a provision of subsidy of Rs 10,000 on electric two-wheelers with battery capacity of more than 5 kWh.
Incentives on Electric Two Wheeler
| No. | Battery Capacity | Subsidy amount ( In Rs.) |
| 1. | < 2 kWh | 5,000 |
| 2. | < 4 kWh | 7,000 |
| 3. | < 5 kWh | 9,000 |
| 4. | > 5 kWh | 10,000 |
Subsidies on Electric Rickshaw, E-Autos, E-good carriers
| No. | Battery Capacity | Subsidy amount ( In Rs.) |
| 1. | < 3 kWh | 10,000 |
| 2. | < 4 kWh | 15,000 |
| 3. | < 5 kWh | 17,000 |
| 4. | > 5 kWh | 20,000 |
Rajasthan EV Subsidy Policy on Electric 2 Wheeler
| No. | Vehicle types | Battery Capacity | Rajasthan Gov. Subsidy |
| 1. | Two Wheeler Electric Scooter & Electric bike | UP to 2 Kwh | Rs. 5,000 |
| 2. | Two Wheeler Electric Scooter & Electric bike | 2 to 4 kWh | Rs. 7,000 |
| 3. | Two Wheeler Electric Scooter & Electric bike | 4 to 5 kWh | Rs. 9,000 |
| 4. | Two Wheeler Electric Scooter & Electric bike | more than 5 kWh | Rs. 10,000 |
Rajasthan EV Subsidy Policy on Electric 3 Wheeler
| No. | Vehicle types | Battery Capacity | Rajasthan Gov. Subsidy |
| 1. | Electric 3 Wheeler | 3 Kwh Battery | Rs. 10,000 |
| 2. | Electric 3 Wheeler | 4 Kwh Battery | Rs. 15,000 |
| 3. | Electric 3 Wheeler | 5 Kwh Battery | Rs. 17,000 |
| 4. | Electric 3 Wheeler | more than 5 kWh | Rs. 20,000 |
Ev Subsidy In Rajasthan For Scooter
| Vehicle | Vehicle Price | Ind. Gov. Subsidy | राजस्थान Gov. Subsidy | Final Price |
| Electric Scooter | 1,50,000 | 45,000 | 7,000 | 83,000 |
Rajasthan Revised EV Policies: Highlights
Rajasthan EV policy was released in July 2021 and is valid till March 31, 2022.
SGST (GST levied by the state) will be refunded to customers purchasing EVs in the state.
Additional subsidy will be given on the purchase of electric two-wheelers and three-wheelers.
Wondering about the process to avail the Rajasthan EV Subsidy Policy?
If you’re a resident of Rajasthan considering purchasing an electric vehicle, you might be curious about the subsidy amount available and how to apply for it. Let’s delve into the details.
In Rajasthan, the subsidy for electric two-wheelers and three-wheelers is relatively lower compared to states like Delhi, Gujarat, and Maharashtra. However, the subsidy is provided directly in cash. The amount ranges from Rs 5,000 to Rs 20,000, depending on the battery size of the vehicle. Interestingly, there’s currently no formal application process required to receive this subsidy.
FAQS
Q. How to apply for EV subsidy in Rajasthan?
Ans: Buyers of two-wheeler and three-wheeler electric vehicles in Rajasthan will get all these subsidies in the form of cash. There is no need to apply for this at present.
Q. How much EV subsidy will be available for electric vehicles in Rajasthan?
Ans: Under Rajasthan EV subsidy, two-wheeler electric vehicle whose battery capacity is two kilowatt to five kilowatt will get subsidy of five thousand to 20 thousand. Buyers will get all these subsidies in the form of cash.
Q. Where will EV subsidy be available in Rajasthan?
Ans: In Rajasthan, very less subsidy is being given for the purchase of two-wheeler and three-wheeler electric vehicles as compared to other states like Delhi, Gujarat and Maharashtra. Buyers will get all these subsidies in the form of cash.