Union Cabinet Approves ₹10,900 Crore Scheme to Boost Electric Vehicle Adoption
12 Sep 2024
The Union Cabinet has approved the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-Drive) Scheme, with a substantial outlay of ₹10,900 crore over the next two years. This initiative is complemented by the Payment Security Mechanism (PSM) under the PM-eBus Sewa, with a budget allocation of ₹3,435.33 crore....
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