Dear Editor,
I want to publish my view through columns of your leading newspaper in Kashmir on abrupt termination of PM E-Drive incentives. Below mentioned are my views on the subject:-
Shortsighted Subsidy Exhaustion Halts Progress
The Ministry of Heavy Industries abrupt termination of PM E-Drive incentives as targets approach reveals severe policy shortsightedness. Forcing immediate price hikes on electric two wheelers mid adoption paralyzes India’s green transition & betrays sustainable manufacturing goals. Instead of deploying volatile volume capped subsidies that trigger market panic the government must implement creative, enduring structural solutions. We need a permanent, sliding scale GST mechanism tethered directly to battery localization metrics & state backed ultra low interest green credit lines. True decarbonization demands predictable fiscal infrastructure rather than erratic temporary handouts that jeopardize the entire EV ecosystem just as it gains momentum.
VijayKumar H K
[email protected]
Raichur, Karnataka
Environmentalist
