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Production Linked Incentive scheme for drones to kickstart industry, not permanent subsidy: Piyush Goyal

The Production-Linked Incentive (PLI) Scheme for drones and drone components is a Kickstarter for t…

ANI   


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3 mins read

Electric two-wheeler sales crater in April 2024 as prices increase amid reduced subsidies

The sales of electric two-wheelers have come crashing down just a month after recording the best-ev…

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3 mins read

Budget 2024 Expectations: FAME scheme, aid for vehicle scrapping and other expectations of the auto industry

The auto industry eagerly awaits Budget 2024 with expectations like FAME 3 scheme, incentives for h…

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3 mins read

Cabinet okays Rs 75K cr rooftop solar scheme, 1 cr households to get subsidy of up to Rs 78K

The Prime Minister launched the scheme on 13th February 2024. The scheme provides a cent…

PTI   


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1 min read

Govt hikes LPG subsidy for Ujjwala beneficiaries to Rs 300 per cylinder

New Delhi, The government on Wednesday hiked the subsidy paid to poor women who got cooking gas con…

PTI   


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India’s electric two-wheeler industry records highest-ever monthly sales as FAME subsidy ends

The Indian electric two-wheeler industry has reported its best-ever month in terms of sales in Marc…

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Food subsidy outgo pegged at Rs 2.05 lakh cr for 2024-25: FM

The outgo towards food subsidy is pegged at Rs 2.05 lakh crore for 2024-25, down from Rs 2.12 lakh …

PTI   


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Electric two wheelers may get costlier as government looks to revamp the FAME-II scheme

The Faster Adoption and Manufacturing of Electric Vehicles (FAME) scheme was introduced by the gove…

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Don't fall prey to rumours about discontinuation of schemes: Delhi govt to citizens

The Delhi government on Tuesday appealed to citizens to not fall prey to misinformation being spre…

PTI   


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Industry hails extension of FAME II scheme to bolster EV infra

Industry players on Monday hailed the government's move to enhance the scheme outlay of Faster Adop…

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Government is reportedly reworking the FAME-II scheme to ensure companies use domestic components

The government is reportedly reworking the FAME-II scheme. This is aimed at closing loopholes used …

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3 mins read

Unpaid subsidies worth ₹1,200 crore leading to ‘serious liquidity crisis’ among EV makers, says industry body

Electric vehicles (EVs) have become quite popular in India over the past few years, with traditiona…

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TVS, Ather, Ola hike prices of electric two-wheelers as new subsidy norms kick in

Electric two-wheeler makers TVS Motor Company, Ather Energy and Ola Electric have increased prices …

PTI   


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1 min read

New payment security mechanism to support large-scale e-bus rollout in the works

The Indian government will come out with a "payment security mechanism" to support large-scale roll…

PTI   


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3 mins read

Karnataka's free power scheme to cost ₹13,000 crore annually

There are 2.16 crore domestic consumers in the state. Of them 2.14 crore consumers are using less t…

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Delhi Budget: Govt allocates Rs 3,090 crore for its power subsidy scheme

The power distribution companies will also work to remove mesh of cables crisscrossing various par…

PTI   


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RBI extends interest subsidy scheme for exporters till March 31, 2021

"The exporters have to borrow for longer period and therefore reduction in interest rate by 5 per …

PTI   


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US offer to help India in chip manufacturing just lip service: China

As the US and India join hands to address semiconductors supply chain challenges, the Joe Biden gov…

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What is the eligibility for Pradhan Mantri Awas Yojana scheme?

The main objective of the PMAY scheme is to make housing loan affordable to all. The value of th…