Which ministry has introduced the Electric Mobility Promotion Scheme 2024, which aligns with the banking industry's efforts to support environmentally friendly and sustainable development?
The Ministry of Heavy Industries, Government of India, announced the Electric Mobility Promotion Scheme 2024 (EMPS 2024) in March 2024 to encourage the adoption of electric vehicles (EVs) in the country. The scheme will run from April 2024 to July 2024, with a total outlay of Rs 500 crore. The scheme will support purchase of two-wheelers and three-wheelers. The scheme will provide a subsidy of Rs 10,000 for two-wheelers, and Rs 25,000 for small three-wheelers. The subsidies will be eligible for electric two, three, and four wheelers sold until March 31, 2024, or until the time funds are available, whichever is earlier.
What does the green shoe option provide companies the ability to do during the 30-day stabilisation period after listing?
How much loan has the Asian Development Bank (ADB) approved for integrated early childhood development and maternal mental health in the state of Meghal...
What is the maximum foreign investment allowed in an Indian insurance company?
Which bank has become the first to officially introduce the Mahila Samman Savings Certificate (MSSC) scheme? What are the key features of this scheme?
With which international organization has the Petroleum and Natural Gas Regulatory Board (PNGRB) collaborated to create a roadmap for hydrogen blending ...
Which bank has introduced new services under its digital transformation initiative - Project WAVE in collaboration with National E-Governance Services L...
Which country does Kristalina Georgieva, the current Managing Director and Chairwoman of the International Monetary Fund (IMF), hail from?
What is the purpose of the Reserve Bank of India's (RBI) centralized web portal "UDGAM"?
Following a reverse merger deal and the listing of new shares issued to shareholders of HDFC Ltd, which position has HDFC Bank secured among the global ...
The Reserve Bank of India has revised its master direction on Know Your Customer (KYC) for regulated entities to incorporate amendments to the Preventio...
