Policy tweaks slow electric 2-wheeler subsidy claims
Hindustan Times Noida|December 11, 2024
NEW DELHI: The number of electric two-wheelers for which buyers claimed subsidies has dropped to a three-year low this fiscal, as automakers skipped the benefits following stringent rules and frequent changes in criteria.
Manas Pimpalkhare
Policy tweaks slow electric 2-wheeler subsidy claims

Of around 649,000 electric scooters sold in April-October 2025, subsidy was claimed for about 329,000 or about 51% of the units, according to data reviewed by Mint. That compares with consumers utilizing benefits on 89% of about 948,000 battery-powered units sold in FY24 and 93% of around 727,000 in FY23.

Changes in the phased manufacturing programme (PMP) guidelines—covering localization requirements—have "disproportionately impacted mid-sized and small original equipment makers (OEMs), making it slightly more time-consuming for them to qualify under the scheme," said Alok Ray, director-public affairs at industry lobby Society of Manufacturers of Electric Vehicles.

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FLERE HISTORIER FRA HINDUSTAN TIMES NOIDASe alt
Hindustan Times Noida

Freeze frame: Winter skincare secrets to lock your glow

secrets to lock your glow

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1 min  |
December 12, 2024
'I'D NEVER SEEN SUCH PRAISE FOR DUBBING IN A FILM BEFORE'
Hindustan Times Noida

'I'D NEVER SEEN SUCH PRAISE FOR DUBBING IN A FILM BEFORE'

Actor Shreyas Talpade reflects on the success of Pushpa franchise and the response to his Hindi dubbing of its titular character

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1 min  |
December 12, 2024
Miley Cyrus buys her iconic Grammys dress
Hindustan Times Noida

Miley Cyrus buys her iconic Grammys dress

Pop singer and actor Miley Cyrus has purchased the dazzling Bob Mackie dress she wore to the 2024 Grammy Awards.

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1 min  |
December 12, 2024
I won't get industry support despite the success of Bhool Bhulaiyaa 3
Hindustan Times Noida

I won't get industry support despite the success of Bhool Bhulaiyaa 3

Even though actor Kartik Aaryan has spent over a decade in showbiz and has gained considerable success, he feels that he still won't get support from fellow members of the film industry.

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1 min  |
December 12, 2024
Mahira hits back at claims she uses SRK's name for publicity
Hindustan Times Noida

Mahira hits back at claims she uses SRK's name for publicity

THE PAKISTANI ACTOR CLARIFIES THAT SHE ONLY TALKS ABOUT SHAH RUKH KHAN WHEN SHE IS ASKED ABOUT HIM

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1 min  |
December 12, 2024
Hindustan Times Noida

THE CURIOUS CASE OF ROHIT BAL'S WILL

Has Rohit Bal left his assets to close friend Lalit Tehlan or to his family? Both parties claim they have the legitimate will

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2 mins  |
December 12, 2024
Ding staves off Gukesh's final thrust with White in Game 13
Hindustan Times Noida

Ding staves off Gukesh's final thrust with White in Game 13

The Indian teen battles it out for 69 moves before draw is agreed with one classical game left in the world title contest

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3 mins  |
December 12, 2024
Age, tenure clauses can be eased in new sports bill
Hindustan Times Noida

Age, tenure clauses can be eased in new sports bill

NEW DELHI: The age and tenure restrictions in the proposed National Sports Governance Bill the government intends to bring will be relaxed for sports officials who hold posts in international federations.

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1 min  |
December 12, 2024
Smriti ton in vain as Aussies sweep series
Hindustan Times Noida

Smriti ton in vain as Aussies sweep series

Chasing 299 against Australia in Australia is no mean feat. But as long as Smriti Mandhana was in flow, India were in with more than a decent chance.

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1 min  |
December 12, 2024
How data analytics can help India get back on track Versus Australia
Hindustan Times Noida

How data analytics can help India get back on track Versus Australia

Head inflicted pain on the visitors in the 2nd Test; numbers show the short ball on a channel could stop the left-hander

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4 mins  |
December 12, 2024