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Home India Ministry of Heavy Industries Gazette PM Electric Drive Revolution in Inn...

PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E DRIVE) Scheme.

Date: 30th September 2024
Category: Extra Ordinary
New Delhi

Read or download the official PDF of this gazette notification issued by the Ministry of Heavy Industries on 30th September 2024. Classified under Extra Ordinary.

Official Gazette Notification Text

Official Transcript

रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 ससीी..जजीी..--डडीी..एएलल..--अअ..--3300009922002244--225577559944 CCGG--DDxLLx--xEEG--I33D00H00x99x22x00 2244--225577559944 xxxGIDExxx असाधारण EXTRAORDINARY भाग II—खण् ड 3—उप-खण्ड (ii) PART II—Section 3—Sub-section (ii) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 3901] नई दिल्ली, , सोमवार 30, 2024/अजिन 8, 1946 2024/ भाद्र 30, 1946 No....

PolicyIndex Takeaway
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  • The Ministry of Heavy Industries (MHI) has launched the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) scheme, a demand-side initiative to accelerate the adoption of electric vehicles (EVs) in India.
  • The scheme will run from October 1, 2024, to March 31, 2026, with a total outlay of ₹10,900 crore. This includes the subsumption of the previously existing Electric Mobility Promotion Scheme 2024 (EMPS-2024).
  • The scheme aims to promote faster EV adoption, establish charging infrastructure, and develop an EV manufacturing ecosystem.
  • Subsumption of EMPS-2024: The EMPS-2024 scheme (₹778 crore outlay) has been integrated into the PM E-DRIVE scheme.
  • Increased Outlay: The total budget for EV promotion has significantly increased to ₹10,900 crore compared to previous schemes.

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