Modi's think-tank prioritises electric cars over hybrids in green car plan
The recommendations by Niti Aayog are aimed at making all vehicles in the country electric by 2032
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New Delhi
INDIA'S most influential government think-tank has recommended lowering taxes and interest rates for loans on electric vehicles, while capping sales of conventional cars, signalling a dramatic shift in policy in one of the world's fastest growing auto markets.
A draft of the 90-page blueprint, seen by Reuters, also suggests the government opens a battery plant by the end of 2018 and uses tax revenues from the sale of petrol and diesel vehicles to set up charging stations for electric vehicles.
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