EV subsidies no longer needed: Nitin Gadkari
Gadkari highlighted India's progress in transitioning to cleaner energy, dismissing the need for additional taxes on fossil fuel-powered vehicles.
subsidies
September 2024
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Covid-19 boost for Japan-India relations
The two countries can work together to achieve their respective long-term goals—sourcing of finished goods for Japan and an increase in manufacturing output for India.
Covid-19: AIMO seeks relief for MSMEs
Over 60 odd million MSMEs are in real danger due to market issues with over 92% drop in domestic sales compared to the same time last year, says industry body.
Tata Motors’ next target is the personal EV space
Tata Motors’ Shailesh Chandra spoke to Fortune India about the company’s switch to the PV segment from fleets, its learnings from past projects and the scope for growth in the segment.
No special measures for the ailing auto industry
The industry, which contributes 7% to the GDP, has seen falling sales for more than a year.
Auto industry hopes for a lifeline from Budget
The industry expects the Budget to address factors like weak market sentiment, GST rates, and charging infrastructure for electric vehicles.
Subsidies spend has fallen: Economic Survey 2018-19
The Survey says that this is an outcome of “the decline in global crude prices, decontrol of prices, and better targeting through direct benefit transfer of subsidies”.
India may have a Detroit-like city for EVs: CEA
The CEA, Krishnamurthy Subramanian, feels that the major impediment to increased adoption of EVs in India seems to be the limited availability of charging infrastructure.
Cabinet okays ₹10,000 crore outlay for FAME-II
The scheme is aimed at promoting electric mobility and alternative fuels in the country. Through FAME, the government is looking to achieve 30% electric mobility by 2030.
When there’s a fire, manage the leakages
The bank should announce a specific inflation target and then raise and lower interest rates as necessary to keep inflation near the target level.
