Bhubaneswar: The Odisha government today made a major announcement for its employees. State government employees can now avail of interest-free advances to purchase electric vehicles (EVs).
The Finance Department through a notification issued guidelines for the purpose.
The State government will provide advances to its employees to purchase electric two-wheelers and four-wheelers. The advance will be available to one employee to purchase one electric vehicle only.
This advance will be available to employees up to December 2025.
The interest-free advance for the purchase of an electric-operated car will be available only to Group-A & Group-B category of government employees. The maximum amount of advance is limited to 75% of the cost of the EV subject to a maximum of Rs 15 lakh.
Similarly, interest-free advance for purchases of electric two-wheeler (electric motorcycle /scooter /scooty/invalid carriages), will be available to Group C and Group D government employees and above. The advance amount is limited to 75% of the cost of the EV subject to a maximum of Rs 2 lakh.
The advance amount is to be recovered in 100 equal instalments from the monthly salary of government employees from subsequent months.
