Reports indicating that the number of electric two-wheelers for which buyers claimed subsidies dropped to a three-year low this fiscal should not ring any alarm bells. Of around 6.49 lakh e-scooters sold in April-October, subsidy was claimed for about 3.29 lakh, or just over half the units. Compare this with FY24, when of the total sales of 9.48 lakh, 89% of consumers availed subsidy. Similarly, in FY23, the number was 93%. While the number of consumers availing subsidy has declined, the total number of units sold has, in fact, risen by 37% compared to the same period last year. Hence, any talk of policy inconsistency is uncalled for. The subsidies are provided as part of the government's FAME scheme, which has run two full courses, with the subsidy amount getting reduced in the second iteration from the first.
この記事は Financial Express Chennai の December 14, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は Financial Express Chennai の December 14, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
'Had fun but it's time': Ashwin bows out of internationals with shock retirement call
RASHWIN STOOD in the corridor outside the press conference room after the third Test ended in a draw.
US announces H-1B visa overhaul, Indian techies to benefit
HOW THE MOVE WILL BENEFIT INDIA
Navy boat hits ferry off Mumbai coast, 13 dead
A PRIVATE FERRY, carrying more than 110 passengers to Elephanta Island off Mumbai coast, capsized after a Navy speedboat crashed into it on Wednesday. At least 13 people were killed in the incident, officials said, adding that the rest have been rescued.
Free healthcare for senior citizens: Kejriwal
AHEAD OF DELHI Assembly elections next year, AAP national convener and former CM Arvind Kejriwal announced that all citizens of Delhi aged above 60 will get free medical care in government and private hospitals if his party returns to power. The scheme, called Sanjeevani, will not have an income cap for eligibility, he said.
Trump threatens to impose reciprocal tariffs on India
HE MADE THE remarks while responding to a question on a potential trade agreement with China.
Sebi tightens SME IPO rules
SEBI also cleared the review of merchant bankers, custodians, and provisions for high-value debt-listed entities (HVDLE) by increasing the threshold for identification of HVDLE from ₹500 cr to ₹1,000 cr, aligning it with that of large corporates, and introduced a sunset clause governing corporate governance of debt-listed securities.
2W sales skid sharp 19% in Dec
“TWO-WHEELER SALES did very well in October and November on the back of festival and wedding season. Though the wedding season lasted till December 15, consumers may have advanced their purchases,” dealers told FE.
Opposition seeks Shah's resignation
PM defends HM; slams Cong & its 'rotten ecosystem'
Enhancing customer journey in the cloud
ORACLE has created Customer Success Services (CSS) to provide comprehensive support for customers using its cloud tools. The new services are integrated with Oracle's product development teams to help firms maximize the value of their cloud investment.
AI offers a wide range of benefits for SMEs
AI offers a wide range of benefits for SMEs
