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πŸ“° News ⏱ 2 min
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Key Points

5 points
1

5,678 people asked for financial help to buy electric vehicles.

2

1,664 applications have been processed, releasing 4.8 crore rupees.

3

Two‑wheel electric vehicles dominate the requests.

4

Incentive amounts start at 30,000 rupees and decrease each year.

5

A scrapping incentive gives up to 1 lakh rupees for old cars.

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Summary

The government has already paid out about 4.8 crore Indian rupees to approved applicants.

Most requests are for two‑wheel electric vehicles, like scooters, with 5,621 applications.

People can get up to 30,000 rupees in the first year, then less in later years.

Old cars can be exchanged for up to 1 lakh rupees when buying a new electric vehicle.

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New Words to Learn

11 words
electric vehicle
a vehicle that runs on electricity instead of fuel
Indian rupees
the currency used in India
crore
ten million (10,000,000)
lakh
one hundred thousand (100,000)
incentive
extra money given to encourage people to do something
two‑wheel vehicle
a small vehicle with two wheels, such as a scooter
scrapping
giving away an old vehicle in return for money
Chief Minister
the head of a state government in India
portal
an online website where you can submit forms
application
a form you fill out to request something
beneficiary
someone who receives the help or money
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