The electric mobility sector doesn't need additional incentives as existing subsidies available to them are good enough to give necessary kickstart to the sector, commerce and industry minister Piyush Goyal said after meeting the stakeholders here on Friday.
The representatives of the sector met the minister for a discussion on the charging and battery swapping infra. "E-mobility sector is ready and set to fly. They don't need additional incentives. In almost all sectors now, there are options available by which e-mobility can be marketed. It's a good economic case to move from ICE engine to EVs and hybrids," the minister told the media.
"Everybody was unanimous in the room across sectors that they don't require subsidies."
Denne historien er fra January 04, 2025-utgaven av The New Indian Express Bhubaneswar.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra January 04, 2025-utgaven av The New Indian Express Bhubaneswar.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
La Liga: Real beat Las Palmas 4-1
WITH Kylian Mbappe putting on a show again, Real Madrid returned to the top of the Spanish league.
Tax sops likely for brownfield projects
FACED with slow uptake in private investment, the government may announce some tax sops in the Budget this year for encouraging new investments by companies.
SEBI May Extend Time to Fix MF NAV
To ease the implementation of directions on upstreaming of client funds, the markets watchdog is planning to extend time to stock brokers/clearing members to un-pledge units of overnight mutual fund schemes and place redemption request with funds houses, after the close of market hours.
Zomato Reports 57% Decline in Net Profit, Revenue Rises 64%
Food delivery company Zomato on Monday reported a 57% fall in its consolidated net profit for Q3FY25 to ₹59 crore as against ₹138 crore in Q3FY24.
Admin bans community feasts in village hit by mysterious deaths
EVEN as the high-level inter-ministerial team visited remote Budhal village in Jammu and Kashmir's Rajouri district on Monday to ascertain the cause of the 17 deaths in three families due to a mysterious illness, the administration sealed the spring in the affected village after water samples from it tested positive for a few pesticides and insecticides and also banned community feasts in the village.
Skywatch time as seven planets to align in March
IN a rare celestial event, seven planets of the Solar System will align by March this year.
Billionaires' wealth grew three times faster in 2024 than the year before
THE wealth of billionaires grew three times faster in 2024 than the year before, a top anti-poverty group said on Monday as some of the world's political and financial heavy-weights prepared for an annual gathering in Davos, Switzerland.
43-Yr-Old Man Rapes Minor Step-Daughter
In a shocking incident, a 16-year-old girl was allegedly raped by her step-father at Bartoli under Bondamunda police station here in Sundargarh district.
5.2K birds of 117 species in Uttarakhand's Asan wetland
IN a significant citizen science effort, a bird counting campaign at the Asan Wetland in Dehradun district of Uttarakhand has yielded impressive results, with volunteers identifying 5,225 birds across 117 different species.
Hope beckons as blood cancer therapy launched
OFFERING new hope to patients facing aggressive blood cancers, India launched the first global CAR T-cell therapy for adult B-cell Non-Hodgkin Lymphoma (B-NHL), a kind of blood cancer that affects the lymphatic system.