PM E-Drive: ₹500 Crore Incentive for 5,600 Electric Trucks
Why in the news
The Centre announced an incentive scheme for e-truck purchases within the PM E-Drive initiative, with a fixed outlay and a Delhi-specific share.
Key facts
- Initiative: PM E-Drive.
- Outlay: ₹500 crore.
- Target: 5,600 electric trucks.
- Delhi share: one fifth of the outlay, for Delhi-registered vehicles.
| Item | Detail |
|---|---|
| Scheme type | Financial incentive for e-truck purchase |
| Total outlay | ₹500 crore |
| Number of trucks | 5,600 |
| Reserved for Delhi | 20% of the outlay |
Exam angle
- Scheme name: PM E-Drive; segment covered: electric trucks.
- Numbers: ₹500 crore, 5,600 trucks.
- Delhi quota: a fifth of the money.