Union Minister Unveils PM-eBus Sewa and PM E-DRIVE Schemes to Boost Electric Mobility in India

New Delhi: Union Minister for Heavy Industries & Steel, H.D. Kumaraswamy, today introduced two ambitious government schemes aimed at revolutionizing electric mobility in India—the “PM-eBus Sewa-Payment Security Mechanism (PSM) Scheme” and the “PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme.” The announcement was made during a press briefing held at Udyog Bhawan,…

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Union Cabinet Approves ₹3,435 Crore ‘PM-eBus Sewa’ Scheme to Boost Electric Bus Adoption

New Delhi: In a major push towards sustainable public transport, the Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the PM-eBus Sewa-Payment Security Mechanism (PSM) scheme. With an outlay of ₹3,435.33 crore, this scheme aims to support the procurement and operation of over 38,000 electric buses (e-buses) across the country from FY 2024-25 to…

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