In News:
Government Extends ₹10,900-crore PM E-DRIVE Scheme for Electric Buses, Ambulances, and Trucks till March 2028
UPSC Analysis:
- Context:
The Government of India has extended the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme by two years, shifting the validity from March 2026 to March 2028 for certain categories of vehicles. - Key Provisions:
- Applicable to electric buses, e-ambulances, and e-trucks till March 2028.
- E-2W, e-rickshaws, e-carts, and e-3W (L5) remain eligible only till March 31, 2026.
- Scheme outlay: ₹10,900 crore (fund-limited; first-come, first-served basis).
- If funds exhaust before the terminal date, the scheme/sub-components will close early.
- Significance:
- Boosts electric mobility in public transport and essential services.
- Contributes to emission reduction and air quality improvement in Indian cities.
- Encourages EV adoption in high-impact sectors.
Updated – August 08, 2025 | 11:27 PM IST | The Hindu