{"id":5822,"date":"2024-06-14T02:14:56","date_gmt":"2024-06-14T02:14:56","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=5822"},"modified":"2024-06-14T02:14:56","modified_gmt":"2024-06-14T02:14:56","slug":"haryana-govt-approves-state-ev-policy-announces-sops-to-manufacturers","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/haryana-govt-approves-state-ev-policy-announces-sops-to-manufacturers\/","title":{"rendered":"Haryana govt approves state EV policy, announces sops to manufacturers"},"content":{"rendered":"<p>TheHaryanagovernment approved the State Electric Vehicle (EV) Policy 2022 offering several financial incentives to EV manufacturers. A decision in this regard was taken at a meeting of the state cabinet which met here under the chairmanship of Chief Minister Manohar Lal Khattar.<\/p>\n<p>TheEV policyoffers various financial incentives to EV manufacturers by giving incentives on fixed capital  (<a href=\"https:\/\/exam.pscnotes.com\/fci\">Fci<\/a>), net SGST, stamp duty, <a href=\"https:\/\/exam.pscnotes.com\/employment\">EMPLOYMENT<\/a> generation, etc, an official statement said.<\/p>\n<p>There is 100 per cent reimbursement of stamp duty along with exemption in electricity duty for a period of 20 years.<\/p>\n<p>The SGST reimbursement shall be 50 per cent of the applicable net SGST for a period of 10 years. Companies manufacturingelectric vehicles, components of electric vehicle, EV battery, charging <a href=\"https:\/\/exam.pscnotes.com\/infrastructure\">Infrastructure<\/a> etc. shall be incentivized with capital subsidy.<\/p>\n<p>Mega <a href=\"https:\/\/exam.pscnotes.com\/industry\">Industry<\/a> shall get capital subsidy at 20 per cent of FCI or Rs 20 crore whichever is lower; large industry will get subsidy of 10 per cent of FCI up to INR 10 crores, for medium industry 20 per cent of FCI upto Rs 50 lakh, for small industry 20 per cent of FCI up to Rs 40 lakh and for micro industry 25 per cent of FCI up to Rs 15 lakh.<\/p>\n<p>Under this policy, units setting up batteries disposal units will <div class=\"youtube-subscribe-container\">\r\n        <a href=\"https:\/\/www.youtube.com\/channel\/UCNHT8lW-JmLC68rjBfZhdkg?sub_confirmation=1\" target=\"_blank\" class=\"youtube-subscribe-button\">\r\n            <span class=\"youtube-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 576 512\">\r\n        <div class=\"telegram-channel-container\">\r\n        <a href=\"https:\/\/t.me\/pscnotes2025\" target=\"_blank\" class=\"telegram-channel-button\">\r\n            <span class=\"telegram-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 496 512\">\r\n                    <path fill=\"white\" d=\"M248,8C111,8,0,119,0,256s111,248,248,248s248-111,248-248S385,8,248,8z M362,177L320,367c-3,14-10,18-20,14l-56-41l-27,26 c-3,3-5,5-10,5l4-63L323,196c5-5-1-7-8-3l-98,62l-42-13c-9-3-10-9,2-14l162-63C351,160,365,164,362,177z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Join Our Telegram Channel\r\n        <\/a>\r\n    <\/div>             <path d=\"M549.7 124.1c-6.3-23.7-24.8-42.3-48.3-48.6C458.8 64 288 64 288 64S117.2 64 74.6 75.5c-23.5 6.3-42 24.9-48.3 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Subscribe on YouTube\r\n        <\/a>\r\n    <\/div> get 15 per cent of FCI up to Rs 1 crore.<br \/> The policy provides for employment generation subsidy of Rs 48,000 per employee per annum for 10 years in lieu of Haryana domiciled manpower being employed with EV companies.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TheHaryanagovernment approved the State Electric Vehicle (EV) Policy 2022 offering several financial incentives to EV manufacturers. A decision in this regard was taken at a meeting of the state cabinet which met here under the chairmanship of Chief Minister Manohar Lal Khattar. TheEV policyoffers various financial incentives to EV manufacturers by giving incentives on fixed &#8230; <a title=\"Haryana govt approves state EV policy, announces sops to manufacturers\" class=\"read-more\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/haryana-govt-approves-state-ev-policy-announces-sops-to-manufacturers\/\">Read more <span class=\"screen-reader-text\">Haryana govt approves state EV policy, announces sops to manufacturers<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1093],"tags":[655],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Haryana govt approves state EV policy, announces sops to manufacturers - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/14\/haryana-govt-approves-state-ev-policy-announces-sops-to-manufacturers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Haryana govt approves state EV policy, announces sops to manufacturers\" \/>\n<meta property=\"og:description\" content=\"TheHaryanagovernment approved the State Electric Vehicle (EV) Policy 2022 offering several financial incentives to EV manufacturers. A decision in this regard was taken at a meeting of the state cabinet which met here under the chairmanship of Chief Minister Manohar Lal Khattar. TheEV policyoffers various financial incentives to EV manufacturers by giving incentives on fixed ... 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A decision in this regard was taken at a meeting of the state cabinet which met here under the chairmanship of Chief Minister Manohar Lal Khattar. TheEV policyoffers various financial incentives to EV manufacturers by giving incentives on fixed ... 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