EV Industry Appeals For Subsidies To Boost Sales
The Morning Standard|July 16, 2024
WITH electric vehicle (EV) sales losing momentum following a sharp reduction in subsidies provided by the government, the auto sector is pinning hope on the third phase of the FAME (Faster Adoption and Manufacturing of Electric and Hybrid Vehicles) scheme to find a mention in Finance Minister Nirmala Sitharaman's upcoming FY24-25 union budget speech.
ARSHAD KHAN
EV Industry Appeals For Subsidies To Boost Sales

The sector is also anticipating soaps from the government to boost the battery and charging infrastructure, rationalise tax structure and support the R&D capabilities.

"Policy measures and initiatives promoted by the Government of India and state governments were instrumental in kick-starting the vehicle electrification story in the country," said Rohan Kanwar Gupta, Vice President & Sector Head Corporate Ratings, ICRA Limited. The rating agency expects that there could be a substantial allocation towards subsidy incentives in the Budget, both for manufacturers and consumers.

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All You Need To Know About Health Cover For Elderly Above 70
The Morning Standard

All You Need To Know About Health Cover For Elderly Above 70

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When Kareena embraces the gloom
The Morning Standard

When Kareena embraces the gloom

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The Morning Standard

Alia Bhatt shares teaser of Diljit Dosanjh's song

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1 min  |
September 16, 2024
A rain-proof beauty
The Morning Standard

A rain-proof beauty

MOST of us look forward to the relief brought in by the monsoons the fragrance of rain on parched earth, the lush trees and the coolness of the breeze.

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2 mins  |
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The Morning Standard

ISL: Punjab beat Kerala Blasters

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Our aim is to play good cricket for 5 days: Shanto
The Morning Standard

Our aim is to play good cricket for 5 days: Shanto

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1 min  |
September 16, 2024
A SEASON OF SECOND
The Morning Standard

A SEASON OF SECOND

India's ace javelin thrower Neeraj, who clinched silver medal at the Paris Olympics, reveals he took part in Diamond League final in Brussels with a fracture in left hand

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3 mins  |
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Gabriel strikes as Arsenal hit Spurs with sucker punch
The Morning Standard

Gabriel strikes as Arsenal hit Spurs with sucker punch

GABRIEL Magalhaes headed Arsenal to a 1-0 win at Tottenham on Sunday as the Gunners overcame the absence of key midfielders Declan Rice and Martin Odegaard to extend their north London derby dominance.

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1 min  |
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Hone your skills in home Test series, says McGrath
The Morning Standard

Hone your skills in home Test series, says McGrath

AFTER a long white-ball season that saw India end the draught of the ICC Trophy, focus is now shifting towards the longest format, starting with a Test match against Bangladesh from Thursday.

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2 mins  |
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The Morning Standard

India favourites against Korea in ACT hockey SF

MAINTAINING a clean slate, favourites India will fancy their chances when they take on unpredictable Korea in the semifinals of the Asian Champions Trophy hockey tournament here.

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1 min  |
September 16, 2024