If the plan is executed, it would mean a change in budgeting, as the allocation for the PM E-Drive scheme in FY27 was only ₹1,500 crore, budget documents showed. This was largely expected to be used for subsidies on electric trucks, buses, and charging infrastructure, since subsidies for electric two-wheelers and L5 category three-wheelers had been exhausted, Mint reported in December 2025.
India plans to double down on e-two wheeler subsidies
Date:
More like thisRelated
Prashant Jain sees 12-15% annual returns from Indian equities over 3-5 years
Question
We've had a very painful period for the equity...
Raamdeo Agrawal sees FIIs return as earnings improve and valuations turn attractive
Question
Looking at the valuation compression across the market, are...
Stocks to Watch for November 2: Reliance Industries, Jio Platforms, BEL, Vodafone Idea, IOC, M&M and more
From Reliance Industries and Jio Platforms reporting strong quarterly...
Nvidia chief Jensen Huang reportedly targeted in Chinese spy plot | World News
By Jonathan Swan , Maggie Haberman , Ana Swanson...