CAG’s performance audit on ‘Functioning of Delhi Transport Corporation’ also reveals a decline in the bus fleet from 4,344 in 2015-16 to 3,937 in 2022-23.
PM E-DRIVE scheme, replacing FAME, is aimed at incentivising the uptake of electric vehicles. PM-eBus Sewa PSM scheme to support deployment of over 38,000 e-buses for 5 years.
SC has fixed 31 March, 2025, as deadline for this. Order was passed after court reviewed Central Empowered Committee report on action needed to improve habitat management inside reserve.
Housing & urban affairs ministry has received proposals from 5 states for buses. Scheme aims to provide financial support of Rs 20,000 cr for e-buses in cities with poor public transport.
Consumers embrace EVs as their primary mode of transport, overcoming initial concerns and challenges. Factors such as cost of ownership, performance, and home charging drive the demand.
Under the scheme — covering cities with population of 3 lakh & above — 10,000 buses will be deployed in PPP model. Centre will provide Rs 20,000 cr over 10 yrs, rest will be from states.
With bad loans shrinking & capital buffers stronger, urban co-op banks’ new umbrella body NUCFDC is now prioritising rollout of digital transformation.
If deal goes through, Greece will be 2nd foreign country to procure vehicle. Morocco was first; TATA Group has set up manufacturing unit there with minimum 30 percent indigenous content.
Many of you might think I got something so wrong in National Interest pieces written this year. I might disagree! But some deserve a Mea Culpa. I’d deal with the most recent this week.
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