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Subsidy for cargo e-3Ws restored, but halved to ₹25K
Business Standard
|November 20, 2024
The central government has decided to restore the subsidy for cargo electric three-wheelers (e-3Ws) for the remaining part of financial year 2025, but with a reduced rate.
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The Ministry of Heavy Industries (MHI) had put a halt on the subsidy after the annual targets were met for the current fiscal year. The subsidy, which was earlier set at ₹50,000 per
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