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Saturday 11 September 2021

Govt to limit incentive plan for auto to green vehicles

Petrol and diesel vehicles will not be included in the ambitious production-linked incentive (PLI) scheme for automobiles as the government will restrict benefits of the Rs 26,000 crore scheme — slashed from the originally-planned Rs 57,000 crore — to green technologies such as electrics and those powered by the futuristic hydrogen fuel cells.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3hmhBRj

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