Related News

This school year, more states are moving to limit cell phones in the classroom. It’s happening as new data reveals that ⅔ of Americans believe all-day bans would boost grades,

The Federal Aviation Administration (FAA) has approved SpaceX’s plan to significantly increase Falcon 9 launches at Cape Canaveral Space Force Station without requiring a full Environmental Impact Statement. Under the

The much-anticipated Blood Moon total lunar eclipse will take place on the night of September 7–8, 2025, drawing the attention of skywatchers worldwide. A Blood Moon occurs when Earth moves

U.S. Federal Trade Commission Commissioner Rebecca Slaughter raised questions on Friday about the status of an artificial intelligence chatbot complaint against Snap that the agency referred to the Department of

Avishek Das | SOPA Images | Lightrocket | Getty Images Shares of advertising technology company AppLovin and stock trading app Robinhood Markets jumped in extended trading on Friday after S&P

Brandyn Frye feels squeezed by two businesses trending in opposite directions — data centers such as one he manages outside Chicago hum along with soaring demand for workers to keep

Trending News

In today’s digital age, the opportunity to make money online without any initial investment is more accessible than ever before. Whether you’re a student looking to earn some pocket money,

In today’s digital world, make money online has become a dream many want to turn into reality. Whether you’re looking for a side hustle or aiming to build a full-time

JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

Government offers up to Rs 9.6 lakh worth of incentives on electric truck purchase

Word Count: 522 | Estimated Reading Time: 3 minutes


Government offers up to Rs 9.6 lakh worth of incentives on electric truck purchase
H D Kumaraswamy (File photo)

NEW DELHI: Union minister H D Kumaraswamy on Friday launched the first scheme to provide customer facing incentives on purchase of electric trucks of up to Rs 9.6 lakh per vehicle as part of govt’s PM E-DRIVE initiative, which has earmarked Rs 500 crore for electric trucks out of its Rs 10,900 crore outlay.Industries including ports, logistics, cement and steel will be the key beneficiaries of the scheme, which envisages support of up to 5,600 electric trucks.“Diesel trucks, though constituting only 3% of the total vehicle population, contribute to 42% of transport-related greenhouse gas emissions and significantly worsen air pollution. This pioneering scheme …represents India’s first dedicated support for electric trucks. It will drive our nation toward sustainable freight mobility,” minister for heavy industries and steel Kumaraswamy said. The scheme reserves incentives for approximately 1,100 e-trucks registered in Delhi, which will address the air quality concerns in the national capital. An approximate outlay of Rs 100 crore has been earmarked for this, officials said. Scrapping of old polluting trucks is mandatory to avail incentives for e-trucks.





Source link

Most Popular Articles