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Payment security mechanism, subsidies to help in growth of electric mobility: Chairman, Ashok Leyland, ET Auto

Ashok Leyland Hinduja: A payment security mechanism is essentially a payment security fund that provides interest-free capital in case of default in payments. In the case of electric buses, the onus of unhampered payments to the service provider lies on the state transport undertakings (STUs).

Payment security mechanism, subsidies to help in growth of electric mobility: Dheeraj Hinduja

A payment security mechanism is essentially a payment security fund that provides interest-free capital in case of default in payments. In the case of electric buses, the onus of unhampered payments to the service provider lies on the state transport undertakings (STUs).

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