The Union Budget 2025–2026 provided electric mobility (e-mobility) initiatives in India a boost with a funding increase of more than 20% over the previous year. From Rs 4,434.92 crore in…
PM-eBus Sewa
In order to facilitate the purchase and operation of electric buses, the Indian government introduced the PM-eBus Sewa-Payment Security Mechanism (PSM) initiative, which creates a Payment Security Mechanism Fund. For…
The Union Cabinet has recently sanctioned a new bus scheme “PM-eBus Sewa” for augmenting city bus operation by 10,000 e-buses on PPP model. The Scheme would have an estimated cost…