Question
What is the total financial outlay capped under the PM
E-DRIVE scheme?Solution
The PM E-DRIVE scheme has a total payout ceiling of ₹10,900 crore. This budget supports the push for electric mobility across specific vehicle categories like e-buses, e-trucks, and e-ambulances. The funding is distributed on a first-come, first-serve basis, and the scheme or any of its components will be closed once this cap is exhausted—even if that happens before the terminal date.
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