Here is a news report which appeared today :
Extract :
In another move to encourage adoption of
electric vehicles, the Indian government is reportedly planning to introduce tradable
auto-emission coupons for automakers.
This move is aimed at encouraging the automakers to make electric vehicles and its infrastructure economically viable
right from the beginning
According to reports, prices of the coupons, will be market driven.
The coupons will be credits based on carbon dioxide
emissions per kilometre as well as on a sliding scale for vehicle efficiency.
Under this proposal, automobile manufacturers will be able to redeem these coupons and avail incentives or subsidies
I welcome this “ planned “ initiative , which
I suggested through my following email to the Policy Makers , some 2 – ½ years back
PIYUSH PLAN ? [ 27 March
2016 ]
Extract from my E mail :
My suggestion :
Forget about ,
* Computing of " Individual Savings "
* Giving electric cars " free initially "
* Owners " paying back from savings "
Based on car specifications / assumed average monthly
usage etc , figure out and fix
* " Carbon Credits " for each model of electric car
manufactured
* Based on Carbon Credits earned , calculate Direct
Transfer of Benefit ( DTB
) to electric
car manufacturers based on monthly
dispatches of each model
and then transfer these amounts from EVFF , as incentives to
manufacturers
As far as incentives to electric car owners is concerned , make
tax-exempt , all interest paid by owners for car loans taken , without any
ceiling
In my e mail, I had conceptualized EVFF as follows :
I say :
* No questions asked for any CASH deposited into a
person's Jan Dhan Bank account
* Create a SPV called , EVFF ( Electric Vehicle Finance Fund )
* Public can invest in this fund but only from their Jan
Dhan Bank Accounts deposits
* Interest earned from EVFF to be totally free from personal
Income Tax for 10 years
* EVFF will finance Car Loan companies or " Hire Purchase Schemes " of car manufacturers
* Car finance companies will be asked to stop financing of
petrol / diesel cars and finance
only electric vehicles
If this is implemented , within 6 months , EVFF will be able to create
a Corpus of Rs 10 lakh*crores !
Can you think of a better
way of harnessing BLACK money to finance a GREEN future
?
Dear Shri Narendrabhai,
While congratulating for getting the prestigious award
of ,
Champion of the Earth ,
from International Solar Alliance , I urge you to announce setting up of EVFF at your earliest
Not only will EVFF
enable the Government to pay to the Electric Vehicle Manufacturers , those CARBON CREDITS , but also
speed up the adoption of EVs by the public
All without
posing any FINANCIAL BURDEN on the government !
If not for all electric vehicles , please consider my
suggestion ( for creation of EVFF ) , at least for PUBLIC TRANSPORT VEHICLES (
buses / taxies / rickshaws etc )
And the real bonanza will be : India made Electric Cars
will get exported to all over the World since my suggestion would dramatically
lower the MANUFACTURING COSTS !
That too
without violating any rules of WTO !
===========================
As in case of my
E Mail of 26 March 2016
, this blog too is being sent to :
====================
narendramodi1234@gmail.com;
In addition , this time , I am also sending this email to the
following :
PM’s Economic Advisory Council :
Some others :
vch-niti@gov.in
=================
=================
Trade
Advisory Group :
Surjit
Bhalla………………………………….. ssbhalla@gmail.com
S
Jaishankar………………………………… psfs@mea.gov.in
Rajeev
Kher……………………………….. Rajeev.kher@ris.org.in
Sanjeev
Sanyal…………………………… Sanjeev@sanjeevsanyal.com
/ contact@idfcinstitute.org
Shekhar
Shah……………………………. ashah@ncaer.org
Vijay
Chauthaiwale……………………. Vijai63.bjp@gmail.com
Pulak
Ghosh………………………………. Pulak.ghosh@iimb.ac.in
Jayant
Dasgupta………………………… ictsd@ictsd.ch
/ amb-indiawto@nic.in
Rajiv
K Luthra……………………………… rajiv@luthra.com
Chandrajit
Banerjee…………………… cb@cii.in
03 Oct 2018
www.hemenparekh.in
/ blogs