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Cabinet Approves ₹109 Billion PM E-DRIVE Program to Boost Electric Mobility

The Cabinet also allocated ₹34 billion to procure 38,000 e-buses by FY 2029

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The Union Cabinet has approved the ‘PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Program,’ and the ‘PM-eBus Sewa-Payment Security Mechanism (PSM) Program.’

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