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Himachal Pradesh introduces 50 % subsidy on e-taxis and e-buses

A 50 per cent subsidy will be given to unemployed youth Of Himachal for the purchase of e-taxis and e-buses. Besides, no collateral guarantee will be required for raising loans from the banks

To promote green initiatives and generate employment, loans are given to unemployed Himachali youth above the age of 23 at 50 per cent subsidy to purchase e-taxis and buses with no collateral gurantee under a state government scheme.
In case the cost of the e-taxi is Rs 20 lakh, a subsidy of Rs 10 lakh will be provided and these e-taxis would be attached to various government departments. A monthly income of Rs 40 thousand will be given, Chief Minister Sukhvinder Singh Sukhu mentioned.

The e- taxi scheme was introduced under the first phase of Rs 680 crore Rajiv Gandhi Self-Employment Start-up Yojna and to facilitate online registraty a website of the transport department was created.
Sukhvinder Singh Sukhu also revealed that 500 permits would be issued in the first phase and as per demand in near future the number of permits will be increased.

Youth keen on purchasing e-taxis or buses would be required to apply for e- taxi in the portal started by the government within a month, and eligible youth above the age of 23 years will be linked to the startup scheme and e-taxi permits would be issued,
Once the e-taxi permit is issued, it would be registered with the Labour Department, which would facilitate the loan process without collateral guarantee after depositing the margin money and release of the subsidy directly through the banks for the purchase of taxi.
To facilitate the smooth running of e-vehicles, charging points would be set up at all the petrol pumps of Indian Oil and Bharat Petroleum, and Himachal Road Transport Corporation (HRTC) and State Electricity Board have also been asked to provide e-charging stations on six identified corridors, as per Sukhu.

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