Priority Sector Lending Can Help Unlock EV Financing of ₹3.7 Trillion by 2030: NITI Aayog

Cumulative investment in EV transition could be ₹19.7 trillion between 2020 and 2030

February 3, 2022

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NITI Aayog, in its recent report, ‘Banking on Electric Vehicles in India,’ proposed the inclusion of electric vehicles (EVs) in Reserve Bank of India’s (RBI) priority-sector lending (PSL) guidelines to help enhance the sector’s financing market in India.

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Arjun Joshi

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Priority Sector Lending Can Help Unlock EV Financing of ₹3.7 Trillion by 2030: NITI Aayog

Continue Reading with Premium Access

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Get the most relevant India solar and clean energy news.

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