Government is considering EVs for loans to important industries

government ev loans

The government is considering EVs for loans to important industries

According to a senior official, the Finance Ministry is mulling a proposal to include electric vehicles within the RBI’s priority sector criteria, which would make it easier to acquire money. The Power Ministry presented the idea to the Finance Ministry

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. The person continued, “We will consult with the RBI, and a thorough assessment will be done.

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