Cabinet approves PM E-DRIVE Scheme for electric vehicles

Cabinet approves PM E-DRIVE Scheme for electric vehicles

Daily Current Affairs   /   Cabinet approves PM E-DRIVE Scheme for electric vehicles

Change Language English Hindi

Category : National Published on: September 14 2024

Share on facebook
  • The Union Cabinet has approved the 'PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme' with an outlay of Rs 10,900 crore over two years, aimed at promoting electric mobility by providing subsidies and incentives for electric two-wheelers, three-wheelers, trucks, and buses.
  • The scheme includes a substantial allocation of Rs 3,679 crore specifically for electric two-wheelers (E2Ws), three-wheelers (E3Ws), and emerging EVs, and aims to support the adoption of 24.79 lakh E2Ws, 3.16 lakh E3Ws, and 14,028 electric buses, along with rolling out e-vouchers for additional customer incentives.
Recent Post's
  • PM Modi launches Odisha Government's 'Subhadra Yojana' and inaugurates railway and National Highway projects worth over ₹3,800 crore.

    Read More....
  • HCLTech ranked as the No. 1 India-headquartered company in TIME magazine's World's Best Companies 2024 list.

    Read More....
  • PM Modi launches railway and national highway projects worth over ₹3,800 crore in Odisha to boost infrastructure development.

    Read More....
  • Zimbabwe plans to cull 200 elephants to feed communities facing acute hunger after the worst drought in four decades.

    Read More....
  • Santosh Kashyap has been appointed as the new head coach of the Indian women's football team.

    Read More....
  • President Droupadi Murmu inaugurated the 8th India Water Week-2024 in New Delhi, focusing on water conservation and management strategies.

    Read More....
  • French EU Commissioner Thierry Breton resigned from the bloc's executive body on September 16, 2024.

    Read More....
  • India defeated China to win the Asian Hockey Champions Trophy 2024 title for the fifth time.

    Read More....
  • Olympic medallist Manu Bhaker has been appointed as the brand ambassador of the Ministry of Ports, Shipping, and Waterways.

    Read More....
  • Saleema Imtiaz has become the first Pakistani woman nominated to the ICC international panel of development umpires.

    Read More....