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.

PM Narendra Modi chaired a high-level deliberation session focusing on key national policy and governance priorities.
Read More....
Nagaland celebrates its Statehood Day on 1st December, marking its 1963 formation and the start of the Hornbill Festival.
Read More....
India releases Basic Animal Husbandry Statistics 2025, showing record growth in milk, eggs, meat, and wool production.
Read More....
PM Modi unveils 77-foot Lord Ram statue at Partagali Math, celebrating 550 years of the spiritual institution.
Read More....
India strengthens Afghanistan’s healthcare by delivering 73 tonnes of medicines, vaccines, and essential supplies.
Read More....
India launches Operation Sagar Bandhu, sending 27 tonnes of relief material and NDRF teams to aid Sri Lanka after Cyclone Ditwah.
Read More....
Jay Shah named “Indian of the Year 2025” for transforming Indian and global cricket, including WPL and gender pay parity reforms.
Read More....
Vivek Chaturvedi appointed CBIC Chairman, succeeding Sanjay Kumar Agarwal after his retirement on November 28, 2025.
Read More....

Cabinet approves PM E-DRIVE Scheme for electric vehicles