A Twist in the Tale: Electric Vehicles Will Worsen India's Pollution Crisis

The Wire reports:
In her maiden budget speech, the new finance minister, Nirmala Sitharaman, announced income tax exemptions for prospective buyers of electric vehicles (EVs) and a reduced GST, from 12% to 5%. The move is effectively aimed at increasing EV ownership across consumer classes. The announcement was an obvious hit with the industry and market speculators hope to cash in on the sector's imminently bright future. Accolades also poured in from environmental organisations that have long advocated for a shift away from fossil-fuel vehicles.
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