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EquityWireGovt extends duration of e-vehicle promotion scheme till Sep 30

Govt extends duration of e-vehicle promotion scheme till Sep 30

This story was originally published at 22:05 IST on 26 July 2024
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Informist, Friday, Jul 26, 2024

 

MUMBAI – The government has announced the extension of the Electric Mobility Promotion Scheme 2024 by two months till Sep 30, as per a press release today. Further, the scheme's total outlay has been increased to 7.78 bln rupees from 5 bln rupees.

 

Launched by the Ministry of Heavy Industries in March, the scheme was set to run from Apr 1 to Jul 31 with the aim of advancing the government's green initiatives and fostering the growth of the electric vehicle manufacturing ecosystem in the country.  End

 

Reported by Pradeep Suresh V.

Edited by Manisha Baxla

 

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