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The pace of electrification could face some short-term impact if the quantum of FAME subsidies goes down before the PLI disbursements start, analysts said ....
Budget 2024: Tata Motors, JBM Auto, Olectra could gain from payment security for e-buses thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
The government has allocated Rs 1,300 crore to procure electric buses and Rs 24,931 crore for metro projects in the interim Budget. The mass rapid transit system and metro projects received a 7.57% increase in funds compared to last year. The Pradhan Mantri Awas Yojana (Urban) receives Rs 26,170 crore, and the PM SVANidhi scheme is allocated Rs 326 crore. The Smart Cities Mission gets Rs 2,400 crore, while the Swachh Bharat Mission is given Rs 5,000 crore. The PM-eBus Sewa scheme aims to provide 10,000 electric buses to 169 cities. The NaMo Bharat trains and RRTS are catalysts for urban transformation in rapidly urbanizing India. ....
Launch of a payment security mechanism will drive faster adoption of electric buses thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Under Parvatmala Pariyojana, the Narendra Modi-led central government plans to provide substantial construction support of 60 percent under the hybrid annuity mode for ropeway projects ....