Odisha Govt provided subsidy of over Rs 154 crore to EV owners since FY'23: Minister Representative Image
News Updates

Odisha Govt provided subsidy of over Rs 154 crore to EV owners since FY'23: Minister

The Odisha Government has so far provided subsidy of Rs 154.27 crore to electric vehicle owners since the 2022-23 financial year

PTI

New Delhi: The Odisha Government has so far provided subsidy of Rs 154.27 crore to electric vehicle owners since the 2022-23 financial year, a minister said on Thursday.

The sale of EVs has also shown an increasing trend in Odisha, after the government started giving subsidy from September 1, 2021, Transport Minister Bibhuti Bhusan Jena said.

Jena said this in a written statement in the assembly.

PSU Watch is now on Whatsapp Channels. Click here to join

The state government has so far distributed a subsidy of Rs 154.27 crore to EV owners since the 2022-23 financial year, Jena said.

While a subsidy of Rs 8.83 crore was disbursed during 2022-23, it was increased to Rs 57.21 crore during 2023-24.

The Odisha government has provided subsidy for 14,182 EVs registered during the fiscal year 2022-23, which rose to 36,518 during 2023-24, it said.

During 2024-25 till August, the Odisha government has already distributed subsidies for 38,766 EVs registered in the state, the statement said.

The state is providing a maximum subsidy of Rs 20,000 for each two-wheeler (a subsidy of Rs 5,000 per kilowatt hour), while Rs 30,000 subsidy is being provided for electric-operated three-wheelers, Jena said.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

Markets inch higher in opening session; later turn flat amid volatile trends

BEML expands defence manufacturing with new units at KGF complex

EASE reforms supported PSU banks in advancing 'Viksit Bharat' vision: IBA Chief Executive

Bhopal and Khajuraho airports in MP top AAI's customer satisfaction 2025 first half chart

Hindustan Zinc launches guidebook to promote workplace equity, inclusive environment