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Govt Likely To Slash Electric Bus Subsidy To Cater To More Cities

  • The government is considering reducing the per unit subsidy for electric buses under the PM E-Drive scheme to cater to more cities.
  • Cities like Hyderabad, Surat, Bengaluru, and Pune have raised a subsidy demand for over 15,000 units.
  • The newly formed Delhi government is also expected to request a significant number of e-buses.
  • Currently, the Centre offers a subsidy of INR 20-35 Lakh per electric bus based on carrying capacity and specifications.

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