By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sign In
Latest World News UpdateLatest World News UpdateLatest World News Update
Notification Show More
Font ResizerAa
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Live Streaming
  • Legal Talk
Reading: Cabinet approves Rs 10,900 crore scheme for electric mobility push – World News Network
Share
Latest World News UpdateLatest World News Update
Font ResizerAa
Search
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Live Streaming
  • Legal Talk
Have an existing account? Sign In
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Latest World News Update > Blog > Business > Cabinet approves Rs 10,900 crore scheme for electric mobility push – World News Network
Business

Cabinet approves Rs 10,900 crore scheme for electric mobility push – World News Network

worldnewsnetwork
Last updated: September 11, 2024 12:00 am
worldnewsnetwork
Share
4 Min Read
SHARE

New Delhi [India], September 11 (ANI): The Union Cabinet has approved a scheme for promotion of electric mobility in the country. The scheme has an outlay of Rs 10,900 crore over a period of two years.
The Cabinet’s approval for ‘PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme’ was based on a proposal from the Ministry of Heavy Industries (MHI).
Subsidies or demand incentives worth Rs 3,679 crore would be provided to incentivise e-2Ws, e-3Ws, e-ambulances, e-trucks and other emerging EVs. The scheme will support 24.79 lakh e-2Ws, 3.16 lakh e-3Ws, and 14,028 e-buses, a release said.
The Ministry of Heavy Industries is introducing e-vouchers for EV buyers to avail of demand incentives under the scheme.
At the time of purchase of the EV, the scheme portal will generate an Aadhaar authenticated e-Voucher for the buyer. A link to download the e-voucher shall be sent to the registered mobile number of the buyer.
This e-voucher will be signed by the buyer and submitted to the dealer to avail of demand incentives under the scheme.
Thereafter, the e-voucher will also be signed by the dealer and uploaded on the PM E-DRIVE portal.
The signed e-voucher shall be sent to the buyer and dealer through an SMS. The signed e-voucher will be essential for auto manufacturers to claim reimbursement of demand incentives under the scheme.
The scheme allocates Rs 500 crore for the deployment of e-ambulances. This is a new initiative of the government to promote the use of e-ambulance.
A sum of Rs 4,391 crore has been provided for the procurement of 14,028 e-buses by public transport agencies. The demand aggregation will be done by CESL in the nine cities with more than 40 lakh population, namely Delhi, Mumbai, Kolkata, Chennai, Ahmedabad, Surat, Bangalore, Pune, and Hyderabad. Intercity and Interstate e-buses will also be supported in consultation with states.
While allocating buses to cities/states, first preference shall be given to those number of buses of cities/states, which are being procured after scrapping old buses, through authorised scrapping centres (RVSFs) following the MoRTH Vehicle Scrapping Scheme guidelines.
The trucks are a major contributor to air pollution. The scheme will promote the deployment of e-trucks in the country. Rs 500 crore has been allocated for incentivising e-trucks.
Incentives will be given to those who have a scrapping certificate from MoRTH-approved vehicle scrapping centres (RVSF).
The scheme addresses the range anxiety of EV buyers by promoting in a big way the installation of electric vehicle public charging stations (EVPCS).
These EVPCS shall be installed in the selected cities with high EV penetration and also on selected highways. The scheme proposes the installation of 22,100 fast chargers for e-4 Ws, 1800 fast chargers for e-buses, and 48,400 fast chargers for e-2W/3Ws. The outlay for EV PCS will be Rs 2,000 crore. (ANI)


Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News

sponsored by

WORLD MEDIA NETWORK


PRESS RELEASE DISTRIBUTION

Press releases distribution in 166 countries

EUROPE UK, INDIA, MIDDLE EAST, AFRICA, FRANCE, NETHERLANDS, BELGIUM, ITALY, SPAIN, GERMANY, AUSTRIA, SWITZERLAND, SOUTHEAST ASIA, JAPAN, SOUTH KOREA, GREATER CHINA, VIETNAM, THAILAND, INDONESIA, MALAYSIA, SOUTH AMERICA, RUSSIA, CIS COUNTRIES, AUSTRALIA, NEW ZEALAND AND MORE

Press releases in all languages

ENGLISH, GERMAN, DUTCH, FRENCH, PORTUGUESE, ARABIC, JAPANESE, and KOREAN CHINESE, VIETNAMESE, INDONESIAN, THAI, MALAY, RUSSIAN. ITALIAN, SPANISH AND AFRICAN LANGUAGES

Press releases in Indian Languages

HINDI, MARATHI, GUJARATI, TAMIL, TELUGU, BENGALI, KANNADA, ORIYA, PUNJABI, URDU, MALAYALAM
For more details and packages

Email - support@worldmedianetwork.uk
Website - worldmedianetwork.uk

India Packages

Read More

Europe Packages

Read More

Asia Packages

Read More

Middle East & Africa Packages

Read More

South America Packages

Read More

USA & Canada Packages

Read More

Oceania Packages

Read More

Cis Countries Packages

Read More

World Packages

Read More
sponsored by

You Might Also Like

Domestic stock market fund raising remains strong in FY26; 83 companies raise Rs 1.3 lakh crore till Nov: NSE report – World News Network

RBI may further cut repo rate by 25 bps to 5% in February policy meet: UBI report – World News Network

Rally in Indian markets, Nifty up 0.6% and Sensex jumps 500 pts in opening but tariff concerns persist: Experts – World News Network

Roca Group opens the Roca Delhi Gallery, its first in India, as part of its international network of design-led cultural spaces – World News Network

MPC likely to remain on extended pause; further rate cuts hinge on inflation trend: Report – World News Network

Share This Article
Facebook Twitter Copy Link Print
Share
Previous Article RPF seizes gold worth Rs 4.5 crore from four passengers at Ambala Cantt – World News Network
Next Article Union Cabinet approves PM E-DRIVE Scheme with an outlay of Rs 10,900 crore – World News Network
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

- Advertisement -

Latest News

“Strain entirely of Yunus’ making,” Sheikh Hasina blames interim government for stressed relations with India – World News Network
World December 22, 2025
Nepal names 24-player squad for group camp ahead of T20 World Cup – World News Network
Sports December 22, 2025
KCR accuses Centre, Telangana govt of betraying state, alleges injustice to Palamuru, neglect of irrigation projects – World News Network
National December 22, 2025
“Issue not highlighted enough:” UBT Sena leader Aaditya Thackeray on BJP MLA slapping incident – World News Network
National December 22, 2025

Sports

New Zealand batter Suzie Bates ruled out until March due to injury – World News Network
Sports
Devon Conway makes history, becoming first NZ batter with double ton, century in same Test match – World News Network
Sports

Popular Category

  • Business
  • Entertainment
  • Health
  • Lifestyle
  • National
  • Science
  • Sports
  • Tech
  • Videos
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Press Release
  • Press Release Distribution Packages

Entertainment

“This is an unfortunate incident”: Purba Medinipur SP on Bengali actress’s alleged harassment at event – World News Network
Entertainment
Shilpa Shetty remembers dad on his 85th birth anniversary with unseen pictures – World News Network
Entertainment
Latest World News UpdateLatest World News Update
Follow US
Copyright © 2023 World News Network. All Rights Reserved
Welcome Back!

Sign in to your account

Lost your password?