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Policy tweaks slow electric 2-wheeler subsidy claims

Hindustan Times Gurugram

|

December 11, 2024

NEW DELHI: The number of electric two-wheelers for which buyers claimed subsidies has dropped to a three-year low this fiscal, as automakers skipped the benefits following stringent rules and frequent changes in criteria.

- Manas Pimpalkhare

Policy tweaks slow electric 2-wheeler subsidy claims

Of around 649,000 electric scooters sold in April-October 2025, subsidy was claimed for about 329,000 or about 51% of the units, according to data reviewed by Mint. That compares with consumers utilizing benefits on 89% of about 948,000 battery-powered units sold in FY24 and 93% of around 727,000 in FY23.

Changes in the phased manufacturing programme (PMP) guidelines—covering localization requirements—have "disproportionately impacted mid-sized and small original equipment makers (OEMs), making it slightly more time-consuming for them to qualify under the scheme," said Alok Ray, director-public affairs at industry lobby Society of Manufacturers of Electric Vehicles.

FLERE HISTORIER FRA Hindustan Times Gurugram

Hindustan Times Gurugram

‘No need to increase coal capacity over NEP goals’

India does not need to increase coal capacity beyond the existing National Electricity Plan (NEP) 2032 targets, neither for reliability nor peak coverage, energy think tank Ember has said, adding that it will be uneconomical for the country.

time to read

1 min

October 29, 2025

Hindustan Times Gurugram

IOC’S SANCTIONS AGAINST INDONESIA A NOD TO INDIA'S POLICY: MINISTRY

The Sports Ministry on Tuesday justified its stand to play against Pakistan in multilateral international events pointing to the severe sanctions imposed by the International Olympic Committee against Indonesia for denying visas to Israeli athletes for the World Artistic Gymnastics Championships.

time to read

1 min

October 29, 2025

Hindustan Times Gurugram

Satara doctor’s autopsy confirms ‘asphyxia due to hanging’: Police

The postmortem report in the death of the 28-year-old Satara doctor who died by suicide mentioned “asphyxia due to hanging’ as the reason for her death.

time to read

1 min

October 29, 2025

Hindustan Times Gurugram

LIC says its decisions had no external say

Life Insurance Corporation of India (LIC) on Tuesday reiterated that the public sector insurer has neither issued nor received any document mentioned in the Washington Post report, which alleges that its decisions to invest in the Adani Group were influenced by external factors.

time to read

1 min

October 29, 2025

Hindustan Times Gurugram

'RIGHTS VIOLATED': HC PAUSES K'TAKA GOVT ORDER SEEN AS CURBING RSS

The Karnataka high court on Tuesday stopped the state government from enforcing its controversial order restricting gatherings of more than ten people in public or government-owned spaces, which was widely believed to be targeted at the Rashtriya Swayam Sevak Sangh.

time to read

1 min

October 29, 2025

Hindustan Times Gurugram

Top leaders to ‘unity’ rallies: Poll battle set to heat up from today

As Bihar braces for a high-voltage electoral showdown, both the Opposition Grand Alliance and the ruling National Democratic Alliance (NDA) have lined up star-studded campaigns to woo the voters across 12 constituencies going to polls in first of the two-phased assembly elections, covering a diverse mix of western and northern seats.

time to read

2 mins

October 29, 2025

Hindustan Times Gurugram

HAL, Russian major ink pact for civilian commuter aircraft

UNDER THE AGREEMENT, HAL WILL HAVE RIGHTS TO MANUFACTURE SJ-100 AIRCRAFT FOR DOMESTIC CUSTOMERS, IT CAN CARRY UP TO 100 PASSENGERS

time to read

2 mins

October 29, 2025

Hindustan Times Gurugram

Hindustan Times Gurugram

How a 9-year-old girl lost her entire family in a single tragedy

Sarojini Nagar Market, bursting with Diwali shoppers, was no place for nine-year-old Manisha. Her parents, Sunita and Michael, and elder brother Elvin had gone shopping on October 29, 2005, leaving her home with her grandparents.

time to read

1 mins

October 29, 2025

Hindustan Times Gurugram

DXP ESTATE'S GRAND CELEBRATION OF MINDFUL WELLNESS

The city recently played host to a grand celebration of the spirit of wellness-centric living with its channel partners and industry leaders at the DXP Estate Experience Zone, Gurugram by Signature Global.

time to read

1 min

October 29, 2025

Hindustan Times Gurugram

MAN IN DELHI HELD FOR ESPIONAGE, RUNNING FAKE PASSPORT RACKET

Delhi Police on Tuesday arrested a 59-year-old man accused of spying for foreign countries and running a fake passport racket with his brother, who had earlier been caught posing as a scientist from the Bhabha Atomic Research Centre (BARC).

time to read

1 min

October 29, 2025

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