Electric Vehicle Ecosystem Expansion in India's Interim Budget
By Rediff Money Desk, NEWDELHI Feb 01, 2024 11:59
India's Finance Minister Nirmala Sitharaman announced plans to expand the electric vehicle ecosystem, including charging infrastructure and e-buses, in the interim Budget.
![Electric Vehicle Ecosystem Expansion in India's Interim Budget](https://im.rediff.com/money/2023/dec/20nirmala-sitharaman.jpg)
Photograph: ANI Photo/Sansad TV
New Delhi, Feb 1 (PTI) The government will expand the electric vehicle ecosystem to support charging infra, and e-buses for public transport networks will be encouraged, Finance Minister Nirmala Sitharaman said on Thursday.
Sitharaman, in her pre-election Budget, which is technically a vote on account and popularly termed an interim Budget, also said the blending of compressed biogas into compressed natural gas for transport and piped natural gas will be mandatory.
Biomanufacturing and bio foundry scheme will be launched to provide environment-friendly alternatives for bio-degradable production, she added.
Sitharaman said India's economic strength has made the country an attractive destination for business and conference tourism.
She said tourism has tremendous opportunities and promised that the government will take up the development of iconic tourist centres to attract foreign tourists. PTI MBI RKL
RKL
Sitharaman, in her pre-election Budget, which is technically a vote on account and popularly termed an interim Budget, also said the blending of compressed biogas into compressed natural gas for transport and piped natural gas will be mandatory.
Biomanufacturing and bio foundry scheme will be launched to provide environment-friendly alternatives for bio-degradable production, she added.
Sitharaman said India's economic strength has made the country an attractive destination for business and conference tourism.
She said tourism has tremendous opportunities and promised that the government will take up the development of iconic tourist centres to attract foreign tourists. PTI MBI RKL
RKL
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- GTL Infrastructure
- 2.93 ( -4.87)
- 226206286
- IFL Enterprises
- 1.30 (+ 4.84)
- 81461564
- Vodafone Idea L
- 16.79 (+ 0.66)
- 67447398
- NCL Research
- 0.95 ( -4.04)
- 31996628
- Franklin Industries
- 3.73 (+ 3.32)
- 21511209
MORE NEWS
![Navi Mumbai...](https://im.rediff.com/80-80/money/2021/jun/10navi-mumbai-airport7.jpg)
Navi Mumbai Airport ILS Signal Testing Begins
The Airports Authority of India (AAI) has begun ILS signal testing at the...
![Air India VRS for...](https://im.rediff.com/80-80/money/2020/sep/09tata-vistara-3.jpg)
Air India VRS for Non-Flying Staff Ahead of...
Air India has announced a voluntary retirement scheme (VRS) and voluntary separation...
Fisher Groups Oppose WTO Fisheries Subsidy Talks
Small-scale fisher groups from India, Indonesia, and Bangladesh demand WTO keep...