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 Tiruchy.
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 Tiruchy.
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
Raising the bar pays off for hockey coach Sangwan
A SNUB can either break one down or spur the individual on to scale new heights. Unfortunately, a majority of people end up heartbroken. But a better future awaits those who manage to swallow the bitter pill. Haryana hockey coach Sandeep Sangwan falls under the second category.
Maiden ODI call-up for Bist against Ireland
AFTER nine white ball fixtures in less than a month, three against Australia in the away series and six against West Indies at home, India's regular captain Harmanpreet Kaur and pacer Renuka Singh Thakur have been rested for the three ODIs against Ireland.
Finding Roots of Enigmatic Cummins
The Australian captain's on-field success and personality off of it are intertwined and it goes back to his upbringing
HIL: Soorma beat Delhi SG Pipers in penalty shootouts
SOORMA Hockey Club clinched a penalty shootout victory against the Delhi SG Pipers in the Hero Hockey India League 2024-25 at the Birsa Munda Hockey Stadium in Rourkela on Monday.
Saweety 'even more motivated' after Arjuna honour
AWAY from the spotlight, boxer Saweety Boora, a 21-year-old then, had gone on to capture a silver medal in her very first World Championships at Jeju City in 2014.
Govt Launches Updated ₹4k Cr PLI Scheme for Steel Sector
The government on Monday launched a new round of steel production-linked incentive (PLI) scheme, with a total outlay of ₹4,400 crore.
Rupee hits new low of 85.83 on strong dollar
THE rupee continued its southward journey for the fourth month, losing 4 paise to close at a new low of 85.83 on Monday, weighed down by the equity markets amid a persistent bearish trend.
Govt must shift capex focus to social sectors
As pre-budget consultations got over on Monday, industry representatives and analysts want the government to continue its thrust on capital expenditure (capex), albeit with a shift in sectoral focus.
RBI Consolidates Credit Information Reporting
CONSOLIDATING its directions on credit information reporting in a master circular, the Reserve Bank on Monday asked credit information companies (CICs) to alert customers when their credit information reports (CIRs) are accessed while making it mandatory on credit institutions (CIs) like banks and non-banks, to provide reasons for rejecting data correction requests from individuals.
RBI adds 8 tn gold in Nov; reserves up 73 tn to 786 tn in '24
THE Reserve Bank continued its gold haul, adding 8 tonne to the strategic reserves in November, taking the annual additions in the 11 months to 73 tonne, with this the total reserves stood at 786 tonne.